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

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 51,174 shares, an increase of 281.3% from the July 30th total of 13,421 shares. Based on an average daily volume of 14,028 shares, the days-to-cover ratio is currently 3.6 days. Currently, 1.0% of the shares of the stock are sold short.

WisdomTree European Opportunities Fund Price Performance

Shares of WisdomTree European Opportunities Fund stock traded up $0.20 during trading on Friday, hitting $60.24. The stock had a trading volume of 5,447 shares, compared to its average volume of 34,384. The firm has a market cap of $295.18 million, a P/E ratio of 11.72 and a beta of 0.62. The business has a fifty day moving average of $58.20 and a two-hundred day moving average of $56.60. WisdomTree European Opportunities Fund has a fifty-two week low of $46.64 and a fifty-two week high of $60.56.

Institutional Investors Weigh In On WisdomTree European Opportunities Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LP boosted its position in shares of WisdomTree European Opportunities Fund by 1.8% during the 2nd quarter. Corient Private Wealth LP now owns 41,678 shares of the company’s stock valued at $2,326,000 after purchasing an additional 724 shares in the last quarter. SFG Wealth Management LLC. acquired a new stake in WisdomTree European Opportunities Fund during the second quarter valued at approximately $431,000. Spinnaker Investment Group LLC lifted its stake in 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 valued at $2,496,000 after purchasing an additional 5,486 shares during the last quarter. Sonoma Allocations LLC boosted its holdings in WisdomTree European Opportunities Fund by 16.9% during the second quarter. Sonoma Allocations LLC now owns 243,924 shares of the company’s stock worth $13,566,000 after buying an additional 35,238 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in WisdomTree European Opportunities Fund by 21.1% during the first quarter. Quantinno Capital Management LP now owns 23,716 shares of the company’s stock worth $1,274,000 after buying an additional 4,130 shares in the last quarter.

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.