WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Stock Short Interest Rises 245.0%

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 14,494 shares, a growth of 245.0% from the August 31st total of 4,201 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 113,586 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree Japan Opportunities Fund Stock Up 1.5%

NASDAQ:OPPJ traded up $0.90 during trading hours on Friday, hitting $59.93. 27,197 shares of the stock traded hands, compared to its average volume of 74,770. The company has a market cap of $341.60 million, a price-to-earnings ratio of 11.40 and a beta of 0.26. WisdomTree Japan Opportunities Fund has a 1 year low of $41.10 and a 1 year high of $61.45. The stock has a 50 day moving average price of $58.39 and a 200 day moving average price of $57.37.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. JNBA Financial Advisors bought a new stake in WisdomTree Japan Opportunities Fund during the second quarter valued at about $2,656,000. Citadel Advisors LLC grew its position in shares of WisdomTree Japan Opportunities Fund by 8.3% during the second quarter. Citadel Advisors LLC now owns 37,302 shares of the company’s stock worth $2,151,000 after purchasing an additional 2,859 shares in the last quarter. Avant Capital LLC purchased a new stake in shares of WisdomTree Japan Opportunities Fund during the second quarter worth about $802,000. SFG Wealth Management LLC. bought a new stake in WisdomTree Japan Opportunities Fund during the 2nd quarter valued at approximately $427,000. Finally, Integrated Wealth Concepts LLC bought a new stake in WisdomTree Japan Opportunities Fund during the 2nd quarter valued at approximately $36,000.

WisdomTree Japan Opportunities Fund Company Profile

WisdomTree Japan Hedged SmallCap Equity Fund is an exchange-traded fund sponsored by WisdomTree Asset Management and listed on the Nasdaq under the ticker OPPJ. The fund is designed to provide investors with targeted exposure to small-capitalization companies in Japan.

OPPJ seeks to track the investment results of the WisdomTree Japan Hedged SmallCap Equity Index, before fees and expenses. The index is intended to represent the performance of dividend-paying small-cap Japanese companies selected and weighted according to WisdomTree’s rules-based methodology.

The fund also seeks to reduce the impact of fluctuations between the Japanese yen and the U.S.