WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Sees Significant Growth in Short Interest

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 17,577 shares, an increase of 126.2% from the March 15th total of 7,771 shares. Based on an average daily trading volume, of 26,124 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are sold short.

WisdomTree European Opportunities Fund Trading Up 0.2%

Shares of WisdomTree European Opportunities Fund stock opened at $57.24 on Tuesday. The company’s fifty day simple moving average is $54.41 and its 200-day simple moving average is $51.90. The company has a market cap of $291.91 million, a price-to-earnings ratio of 11.72 and a beta of 0.63. WisdomTree European Opportunities Fund has a 1 year low of $39.83 and a 1 year high of $57.21.

Institutional Trading of WisdomTree European Opportunities Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. acquired a new position in shares of WisdomTree European Opportunities Fund during the fourth quarter valued at about $34,000. Steward Partners Investment Advisory LLC acquired a new stake in WisdomTree European Opportunities Fund during the fourth quarter worth about $35,000. Comerica Bank bought a new position in WisdomTree European Opportunities Fund during the fourth quarter valued at about $38,000. Kestra Advisory Services LLC acquired a new position in WisdomTree European Opportunities Fund in the 4th quarter valued at approximately $76,000. Finally, Blair William & Co. IL acquired a new position in WisdomTree European Opportunities Fund in the 4th quarter valued at approximately $103,000.

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.