WisdomTree European Opportunities Fund (NYSEARCA:OPPE – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 11,997 shares, a decline of 76.6% from the August 15th total of 51,174 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 13,320 shares, the days-to-cover ratio is currently 0.9 days.
WisdomTree European Opportunities Fund Stock Up 0.7%
Shares of OPPE stock traded up $0.40 on Friday, reaching $59.90. The company had a trading volume of 4,003 shares, compared to its average volume of 33,072. The business’s 50-day moving average is $59.01 and its 200 day moving average is $56.94. WisdomTree European Opportunities Fund has a one year low of $48.09 and a one year high of $60.56. The stock has a market capitalization of $293.51 million, a PE ratio of 11.72 and a beta of 0.62.
Institutional Trading of WisdomTree European Opportunities Fund
A number of hedge funds have recently added to or reduced their stakes in OPPE. Harbour Investments Inc. acquired a new position in shares of WisdomTree European Opportunities Fund during the fourth quarter worth $34,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of WisdomTree European Opportunities Fund during the 4th quarter valued at $35,000. Comerica Bank acquired a new stake in shares of WisdomTree European Opportunities Fund during the 4th quarter valued at $38,000. Fifth Third Bancorp bought a new stake in WisdomTree European Opportunities Fund during the 1st quarter worth $46,000. Finally, Main Street Group LTD bought a new stake in WisdomTree European Opportunities Fund during the 1st quarter worth $62,000.
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.
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