Short Interest in WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Decreases By 80.4%

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJGet Free Report) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,201 shares, a drop of 80.4% from the August 15th total of 21,384 shares. Based on an average trading volume of 24,396 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

WisdomTree Japan Opportunities Fund Trading Up 2.2%

Shares of OPPJ traded up $1.33 during trading hours on Friday, reaching $60.53. The stock had a trading volume of 35,058 shares, compared to its average volume of 77,413. The firm has a 50-day simple moving average of $57.87 and a 200 day simple moving average of $57.09. WisdomTree Japan Opportunities Fund has a 12 month low of $41.10 and a 12 month high of $61.30. The company has a market capitalization of $296.60 million, a price-to-earnings ratio of 11.40 and a beta of 0.26.

Institutional Investors Weigh In On WisdomTree Japan Opportunities Fund

Large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new stake in shares of WisdomTree Japan Opportunities Fund in the second quarter valued at approximately $36,000. Raymond James Financial Inc. purchased a new position in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter valued at $75,000. SFG Wealth Management LLC. purchased a new position in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter valued at $427,000. Envestnet Asset Management Inc. bought a new position in shares of WisdomTree Japan Opportunities Fund in the third quarter worth $515,000. Finally, Avant Capital LLC bought a new position in shares of WisdomTree Japan Opportunities Fund in the second quarter worth $802,000.

WisdomTree Japan Opportunities Fund Company Profile

(Get Free Report)

WisdomTree Japan Hedged SmallCap Equity Fund is an exchange-traded fund sponsored by WisdomTree Asset Management and listed on the Nasdaq under the ticker OPPJ. The fund is designed to provide investors with targeted exposure to small-capitalization companies in Japan.

OPPJ seeks to track the investment results of the WisdomTree Japan Hedged SmallCap Equity Index, before fees and expenses. The index is intended to represent the performance of dividend-paying small-cap Japanese companies selected and weighted according to WisdomTree’s rules-based methodology.

The fund also seeks to reduce the impact of fluctuations between the Japanese yen and the U.S.

Featured Stories

Receive News & Ratings for WisdomTree Japan Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Japan Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.