WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Stock Short Interest Rises 265.0%

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 52,905 shares, a growth of 265.0% from the September 15th total of 14,494 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 25,528 shares, the short-interest ratio is presently 2.1 days.

WisdomTree Japan Opportunities Fund Trading Up 0.4%

Shares of NASDAQ OPPJ traded up $0.23 during trading on Tuesday, reaching $59.02. 21,259 shares of the company traded hands, compared to its average volume of 71,601. The firm’s fifty day simple moving average is $58.80 and its 200 day simple moving average is $57.87. The stock has a market cap of $336.39 million, a P/E ratio of 11.40 and a beta of 0.27. WisdomTree Japan Opportunities Fund has a 12-month low of $41.38 and a 12-month high of $61.45.

Institutional Trading of WisdomTree Japan Opportunities Fund

Several hedge funds and other institutional investors have recently bought and sold shares of OPPJ. Integrated Wealth Concepts LLC acquired a new position in WisdomTree Japan Opportunities Fund in the second quarter valued at approximately $36,000. Citadel Advisors LLC grew its stake in shares of WisdomTree Japan Opportunities Fund by 8.3% during the 2nd quarter. Citadel Advisors LLC now owns 37,302 shares of the company’s stock worth $2,151,000 after purchasing an additional 2,859 shares during the period. SFG Wealth Management LLC. acquired a new stake in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter worth approximately $427,000. Avant Capital LLC acquired a new stake in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter worth approximately $802,000. Finally, JNBA Financial Advisors purchased a new position in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter valued at approximately $2,656,000.

About WisdomTree Japan Opportunities Fund

(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.

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