Short Interest in WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Drops By 52.7%

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 8,681 shares, a decrease of 52.7% from the April 30th total of 18,372 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 47,318 shares, the short-interest ratio is presently 0.2 days.

WisdomTree European Opportunities Fund Price Performance

Shares of WisdomTree European Opportunities Fund stock traded up $0.18 during trading on Monday, hitting $58.00. The company’s stock had a trading volume of 12,897 shares, compared to its average volume of 45,159. WisdomTree European Opportunities Fund has a 52 week low of $45.48 and a 52 week high of $58.44. The stock has a market cap of $295.80 million, a price-to-earnings ratio of 11.72 and a beta of 0.63. The stock has a 50-day moving average price of $55.92 and a two-hundred day moving average price of $53.69.

Institutional Trading of WisdomTree European Opportunities Fund

A number of institutional investors have recently bought and sold shares of OPPE. LPL Financial LLC acquired a new stake in shares of WisdomTree European Opportunities Fund in the 4th quarter worth about $13,019,000. Sonoma Allocations LLC purchased a new stake in shares of WisdomTree European Opportunities Fund during the 4th quarter worth approximately $10,362,000. Stephens Inc. AR bought a new position in WisdomTree European Opportunities Fund in the 4th quarter worth approximately $9,465,000. Cathy Pareto & Associates Inc. bought a new position in WisdomTree European Opportunities Fund in the 4th quarter worth approximately $6,941,000. Finally, GC Wealth Management RIA LLC bought a new position in WisdomTree European Opportunities Fund in the 4th quarter valued at $4,457,000.

About WisdomTree European Opportunities Fund

The WisdomTree Europe Hedged SmallCap Equity Fund seeks to provide exposure to small-cap European equities while hedging against fluctuations between the U.S. dollar and the euro. The fund aims to mitigate currency risk for U.S. investors investing in European small-cap companies.