WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Large Drop in Short Interest

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 12,277 shares, a decline of 50.7% from the August 15th total of 24,879 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 49,479 shares, the days-to-cover ratio is presently 0.2 days.

WisdomTree Europe Hedged Equity Fund Price Performance

Shares of WisdomTree Europe Hedged Equity Fund stock traded up $0.11 on Wednesday, hitting $55.76. 26,892 shares of the company’s stock traded hands, compared to its average volume of 66,985. The company has a fifty day moving average of $56.96 and a two-hundred day moving average of $55.67. WisdomTree Europe Hedged Equity Fund has a one year low of $49.28 and a one year high of $58.50. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 15.27 and a beta of 0.75.

Hedge Funds Weigh In On WisdomTree Europe Hedged Equity Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. NorthRock Partners LLC grew its position in shares of WisdomTree Europe Hedged Equity Fund by 5.1% during the 2nd quarter. NorthRock Partners LLC now owns 9,359 shares of the company’s stock worth $533,000 after buying an additional 457 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of WisdomTree Europe Hedged Equity Fund during the 2nd quarter valued at $142,000. NewEdge Advisors LLC bought a new position in WisdomTree Europe Hedged Equity Fund during the second quarter worth $225,000. IFP Advisors Inc boosted its stake in WisdomTree Europe Hedged Equity Fund by 88.7% during the second quarter. IFP Advisors Inc now owns 2,304 shares of the company’s stock worth $131,000 after acquiring an additional 1,083 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in WisdomTree Europe Hedged Equity Fund by 78.0% in the second quarter. Allianz Asset Management GmbH now owns 92,700 shares of the company’s stock worth $5,284,000 after purchasing an additional 40,620 shares during the period.

About WisdomTree Europe Hedged Equity Fund

WisdomTree Europe Hedged Equity Fund (the Fund), formerly WisdomTree International Hedged Equity Fund, is an exchange-traded fund. The Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index. The WisdomTree Europe Hedged Equity Index provides exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the United States dollar. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.