Short Interest in WisdomTree European Opportunities Fund (NYSEARCA:OPPE) Rises By 112.0%

WisdomTree European Opportunities Fund (NYSEARCA:OPPE) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 18,403 shares, a growth of 112.0% from the May 14th total of 8,681 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 20,359 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of WisdomTree European Opportunities Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sonoma Allocations LLC increased its position in shares of WisdomTree European Opportunities Fund by 9.7% during the 1st quarter. Sonoma Allocations LLC now owns 208,686 shares of the company’s stock worth $11,435,000 after purchasing an additional 18,532 shares during the last quarter. Quantinno Capital Management LP increased its position 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 purchasing an additional 4,130 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of WisdomTree European Opportunities Fund during the 1st quarter worth about $506,000. Main Street Group LTD acquired a new stake in shares of WisdomTree European Opportunities Fund during the 1st quarter worth about $62,000. Finally, D.A. Davidson & CO. boosted its holdings in WisdomTree European Opportunities Fund by 37.7% during the 1st quarter. D.A. Davidson & CO. now owns 42,238 shares of the company’s stock valued at $2,269,000 after acquiring an additional 11,569 shares during the period.

WisdomTree European Opportunities Fund Price Performance

Shares of NYSEARCA:OPPE traded up $0.12 during midday trading on Friday, reaching $58.12. 6,239 shares of the company’s stock were exchanged, compared to its average volume of 42,454. The firm’s 50 day simple moving average is $56.81 and its two-hundred day simple moving average is $54.18. The stock has a market cap of $296.41 million, a price-to-earnings ratio of 11.72 and a beta of 0.62. WisdomTree European Opportunities Fund has a fifty-two week low of $45.48 and a fifty-two week high of $58.44.

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.