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

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw a large decrease in short interest in 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 daily volume of 114,519 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

WisdomTree Europe Hedged Equity Fund Stock Performance

Shares of HEDJ stock traded up $0.04 during mid-day trading on Thursday, reaching $56.58. 56,767 shares of the company were exchanged, compared to its average volume of 70,909. WisdomTree Europe Hedged Equity Fund has a fifty-two week low of $47.53 and a fifty-two week high of $58.36. The company has a market capitalization of $1.83 billion, a P/E ratio of 15.27 and a beta of 0.75. The business’s 50 day simple moving average is $56.56 and its 200 day simple moving average is $54.96.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Baird Financial Group Inc. raised its stake in shares of WisdomTree Europe Hedged Equity Fund by 8.5% in the 1st quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock valued at $241,000 after purchasing an additional 400 shares in the last quarter. Jane Street Group LLC grew its stake in WisdomTree Europe Hedged Equity Fund by 9.2% in the first quarter. Jane Street Group LLC now owns 92,850 shares of the company’s stock worth $4,409,000 after purchasing an additional 7,817 shares in the last quarter. Focus Partners Wealth grew its stake in WisdomTree Europe Hedged Equity Fund by 64.1% in the first quarter. Focus Partners Wealth now owns 17,344 shares of the company’s stock worth $823,000 after purchasing an additional 6,774 shares in the last quarter. Cerity Partners LLC increased its holdings in WisdomTree Europe Hedged Equity Fund by 86.1% in the second quarter. Cerity Partners LLC now owns 29,025 shares of the company’s stock valued at $1,397,000 after buying an additional 13,432 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in WisdomTree Europe Hedged Equity Fund by 34.9% in the second quarter. Raymond James Financial Inc. now owns 374,190 shares of the company’s stock valued at $18,006,000 after buying an additional 96,825 shares during the last quarter.

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.