Short Interest in WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Rises By 241.2%

WisdomTree European Opportunities Fund (NYSEARCA:OPPEGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 41,497 shares, a growth of 241.2% from the June 30th total of 12,163 shares. Based on an average daily volume of 14,217 shares, the days-to-cover ratio is currently 2.9 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC lifted its holdings in shares of WisdomTree European Opportunities Fund by 2.3% during the 1st quarter. Sanctuary Advisors LLC now owns 15,397 shares of the company’s stock valued at $827,000 after buying an additional 353 shares during the period. Harbour Investments Inc. purchased a new stake in WisdomTree European Opportunities Fund during the fourth quarter valued at $34,000. Steward Partners Investment Advisory LLC bought a new position in WisdomTree European Opportunities Fund in the fourth quarter valued at about $35,000. Comerica Bank bought a new position in WisdomTree European Opportunities Fund in the fourth quarter valued at about $38,000. Finally, Fifth Third Bancorp purchased a new position in WisdomTree European Opportunities Fund in the first quarter worth about $46,000.

WisdomTree European Opportunities Fund Trading Up 0.5%

Shares of NYSEARCA:OPPE traded up $0.30 during trading on Tuesday, reaching $58.44. 5,033 shares of the company traded hands, compared to its average volume of 37,173. WisdomTree European Opportunities Fund has a 52-week low of $46.00 and a 52-week high of $58.44. The firm has a market capitalization of $286.35 million, a price-to-earnings ratio of 11.72 and a beta of 0.63. The business’s fifty day moving average is $57.15 and its 200-day moving average is $55.57.

About WisdomTree European Opportunities Fund

(Get Free Report)

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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