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

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 13,421 shares, a drop of 67.7% from the July 15th total of 41,497 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 24,071 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On WisdomTree European Opportunities Fund

Institutional investors have recently modified their holdings of the company. Sonoma Allocations LLC acquired a new position in shares of WisdomTree European Opportunities Fund in the fourth quarter valued at approximately $10,362,000. WESCAP Management Group Inc. acquired a new position in shares of WisdomTree European Opportunities Fund in the fourth quarter worth $3,834,000. Greenwich Wealth Management LLC purchased a new stake in shares of WisdomTree European Opportunities Fund during the fourth quarter worth $277,000. Cary Street Partners Financial LLC acquired a new stake in shares of WisdomTree European Opportunities Fund in the fourth quarter valued at $671,000. Finally, Harbour Investments Inc. purchased a new position in WisdomTree European Opportunities Fund in the fourth quarter valued at $34,000.

WisdomTree European Opportunities Fund Trading Up 0.3%

NYSEARCA OPPE traded up $0.17 during trading hours on Friday, reaching $60.50. The company had a trading volume of 6,092 shares, compared to its average volume of 35,743. The stock has a market capitalization of $296.45 million, a P/E ratio of 11.72 and a beta of 0.62. The stock has a 50-day moving average of $57.67 and a 200 day moving average of $56.20. WisdomTree European Opportunities Fund has a 1-year low of $46.64 and a 1-year high of $60.56.

WisdomTree European Opportunities Fund Company Profile

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.