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

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 45,069 shares, a drop of 64.2% from the May 31st total of 126,052 shares. Based on an average daily volume of 104,399 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

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

WisdomTree Europe Hedged Equity Fund Trading Down 1.1%

Shares of NYSEARCA HEDJ opened at $56.15 on Friday. The stock has a 50 day simple moving average of $56.04 and a 200-day simple moving average of $54.53. The company has a market cap of $1.83 billion, a PE ratio of 15.27 and a beta of 0.75. WisdomTree Europe Hedged Equity Fund has a 12-month low of $47.53 and a 12-month high of $58.36.

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.