WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Short Interest Update

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 19,185 shares, an increase of 59.9% from the August 31st total of 11,997 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 11,540 shares, the days-to-cover ratio is currently 1.7 days.

WisdomTree European Opportunities Fund Stock Down 1.0%

NYSEARCA:OPPE traded down $0.60 during trading hours on Wednesday, reaching $57.57. 42,840 shares of the stock were exchanged, compared to its average volume of 32,913. The firm has a 50 day simple moving average of $59.54 and a 200-day simple moving average of $57.34. WisdomTree European Opportunities Fund has a 52 week low of $48.20 and a 52 week high of $60.56. The stock has a market capitalization of $287.85 million, a P/E ratio of 11.72 and a beta of 0.62.

Institutional Investors Weigh In On WisdomTree European Opportunities Fund

Several institutional investors and hedge funds have recently made changes to their positions in OPPE. Envestnet Asset Management Inc. lifted its stake in WisdomTree European Opportunities Fund by 68.1% during the second quarter. Envestnet Asset Management Inc. now owns 8,070 shares of the company’s stock worth $450,000 after purchasing an additional 3,268 shares during the last quarter. NewEdge Advisors LLC increased its stake in WisdomTree European Opportunities Fund by 2.2% during the second quarter. NewEdge Advisors LLC now owns 18,198 shares of the company’s stock valued at $1,016,000 after purchasing an additional 394 shares during the last quarter. Corient Private Wealth LP raised its holdings in shares of WisdomTree European Opportunities Fund by 1.8% during the second quarter. Corient Private Wealth LP now owns 41,678 shares of the company’s stock worth $2,326,000 after purchasing an additional 724 shares during the period. SFG Wealth Management LLC. acquired a new stake in shares of WisdomTree European Opportunities Fund during the second quarter worth $431,000. Finally, Spinnaker Investment Group LLC raised its holdings in shares of WisdomTree European Opportunities Fund by 14.0% during the second quarter. Spinnaker Investment Group LLC now owns 44,722 shares of the company’s stock worth $2,496,000 after purchasing an additional 5,486 shares during the period.

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.