WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Sees Large Drop in Short Interest

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 4,201 shares, a drop of 80.4% from the August 15th total of 21,384 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,396 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of WisdomTree Japan Opportunities Fund

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

WisdomTree Japan Opportunities Fund Price Performance

WisdomTree Japan Opportunities Fund stock traded up $1.33 during trading hours on Friday, reaching $60.53. The company had a trading volume of 35,058 shares, compared to its average volume of 77,413. The company has a 50-day moving average price of $57.87 and a 200 day moving average price of $57.09. The firm has a market cap of $296.60 million, a price-to-earnings ratio of 11.40 and a beta of 0.26. WisdomTree Japan Opportunities Fund has a 12-month low of $41.10 and a 12-month high of $61.30.

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.