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

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 25,221 shares, a decrease of 44.0% from the June 15th total of 45,069 shares. Based on an average trading volume of 114,519 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On WisdomTree Europe Hedged Equity Fund

Institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its stake in shares of WisdomTree Europe Hedged Equity Fund by 6.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 15,976 shares of the company’s stock worth $848,000 after acquiring an additional 957 shares in the last quarter. M&T Bank Corp boosted its stake in WisdomTree Europe Hedged Equity Fund by 6.8% during the fourth quarter. M&T Bank Corp now owns 20,801 shares of the company’s stock worth $1,189,000 after acquiring an additional 1,331 shares in the last quarter. PFG Advisors boosted its stake in WisdomTree Europe Hedged Equity Fund by 21.3% during the fourth quarter. PFG Advisors now owns 42,516 shares of the company’s stock worth $2,256,000 after acquiring an additional 7,480 shares in the last quarter. Sharper & Granite LLC grew its holdings in WisdomTree Europe Hedged Equity Fund by 0.4% in the fourth quarter. Sharper & Granite LLC now owns 108,574 shares of the company’s stock worth $5,761,000 after purchasing an additional 455 shares during the period. Finally, TD Waterhouse Canada Inc. grew its holdings in WisdomTree Europe Hedged Equity Fund by 215.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 8,099 shares of the company’s stock worth $428,000 after purchasing an additional 5,530 shares during the period.

WisdomTree Europe Hedged Equity Fund Stock Performance

Shares of NYSEARCA:HEDJ opened at $56.29 on Friday. The firm has a market capitalization of $1.82 billion, a P/E ratio of 15.27 and a beta of 0.75. The stock has a 50 day moving average price of $56.57 and a 200-day moving average price of $54.97. WisdomTree Europe Hedged Equity Fund has a 52-week low of $47.53 and a 52-week high of $58.36.

WisdomTree Europe Hedged Equity Fund Company Profile

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.