WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Short Interest Down 67.7% in July

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 13,421 shares, a decline of 67.7% from the July 15th total of 41,497 shares. Based on an average daily trading volume, of 24,071 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

WisdomTree European Opportunities Fund Trading Up 0.3%

Shares of WisdomTree European Opportunities Fund stock opened at $60.50 on Friday. WisdomTree European Opportunities Fund has a 52 week low of $46.64 and a 52 week high of $60.56. The stock has a market cap of $296.45 million, a PE ratio of 11.72 and a beta of 0.62. The company’s 50-day moving average price is $57.74 and its two-hundred day moving average price is $56.23.

Institutional Investors Weigh In On WisdomTree European Opportunities Fund

Several hedge funds have recently bought and sold shares of the business. Spinnaker Investment Group LLC grew its stake in shares of WisdomTree European Opportunities Fund by 14.0% in the 2nd quarter. Spinnaker Investment Group LLC now owns 44,722 shares of the company’s stock valued at $2,496,000 after buying an additional 5,486 shares in the last quarter. Sonoma Allocations LLC boosted its stake in shares of WisdomTree European Opportunities Fund by 16.9% during the 2nd quarter. Sonoma Allocations LLC now owns 243,924 shares of the company’s stock worth $13,566,000 after acquiring an additional 35,238 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of WisdomTree European Opportunities Fund by 21.1% during the 1st quarter. Quantinno Capital Management LP now owns 23,716 shares of the company’s stock worth $1,274,000 after acquiring an additional 4,130 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of WisdomTree European Opportunities Fund during the 1st quarter valued at about $506,000. Finally, Main Street Group LTD acquired a new position in shares of WisdomTree European Opportunities Fund during the 1st quarter valued at about $62,000.

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.