Short Interest in WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Drops By 64.2%

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJGet Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 45,069 shares, a decrease of 64.2% from the May 31st total of 126,052 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 104,399 shares, the days-to-cover ratio is currently 0.4 days.

WisdomTree Europe Hedged Equity Fund Price Performance

NYSEARCA:HEDJ traded up $0.47 during mid-day trading on Monday, reaching $56.62. The stock had a trading volume of 133,760 shares, compared to its average volume of 72,395. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 15.27 and a beta of 0.75. WisdomTree Europe Hedged Equity Fund has a 1-year low of $47.53 and a 1-year high of $58.36. The stock’s 50 day simple moving average is $56.04 and its two-hundred day simple moving average is $54.55.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in shares of WisdomTree Europe Hedged Equity Fund in the 4th quarter valued at approximately $46,000. Farther Finance Advisors LLC lifted its stake in WisdomTree Europe Hedged Equity Fund by 66.3% during the fourth quarter. Farther Finance Advisors LLC now owns 918 shares of the company’s stock worth $49,000 after purchasing an additional 366 shares during the last quarter. Palisade Asset Management LLC bought a new position in WisdomTree Europe Hedged Equity Fund during the third quarter worth $81,000. Glenmede Investment Management LP boosted its holdings in WisdomTree Europe Hedged Equity Fund by 375.0% in the third quarter. Glenmede Investment Management LP now owns 1,900 shares of the company’s stock worth $96,000 after purchasing an additional 1,500 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in WisdomTree Europe Hedged Equity Fund during the third quarter valued at $111,000.

About WisdomTree Europe Hedged Equity Fund

(Get Free Report)

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.

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