WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Sees Large Growth in Short Interest

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 126,052 shares, a growth of 142.6% from the May 14th total of 51,968 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 125,155 shares, the short-interest ratio is currently 1.0 days.

WisdomTree Europe Hedged Equity Fund Stock Performance

Shares of NYSEARCA HEDJ traded down $0.11 during trading on Friday, hitting $57.54. The company had a trading volume of 66,257 shares, compared to its average volume of 69,317. The company has a market cap of $1.87 billion, a P/E ratio of 15.27 and a beta of 0.75. WisdomTree Europe Hedged Equity Fund has a 52 week low of $47.14 and a 52 week high of $57.71. The business’s 50-day moving average is $55.34 and its 200 day moving average is $54.16.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HEDJ. Baird Financial Group Inc. increased its holdings in shares of WisdomTree Europe Hedged Equity Fund by 8.5% in the first quarter. Baird Financial Group Inc. now owns 5,084 shares of the company’s stock valued at $241,000 after buying an additional 400 shares in the last quarter. Jane Street Group LLC raised its stake in WisdomTree Europe Hedged Equity Fund by 9.2% during the 1st quarter. Jane Street Group LLC now owns 92,850 shares of the company’s stock valued at $4,409,000 after purchasing an additional 7,817 shares during the period. Focus Partners Wealth raised its stake in WisdomTree Europe Hedged Equity Fund by 64.1% during the 1st quarter. Focus Partners Wealth now owns 17,344 shares of the company’s stock valued at $823,000 after purchasing an additional 6,774 shares during the period. Cerity Partners LLC raised its stake in WisdomTree Europe Hedged Equity Fund by 86.1% during the 2nd quarter. Cerity Partners LLC now owns 29,025 shares of the company’s stock valued at $1,397,000 after purchasing an additional 13,432 shares during the period. Finally, Raymond James Financial Inc. raised its stake in WisdomTree Europe Hedged Equity Fund by 34.9% during the 2nd quarter. Raymond James Financial Inc. now owns 374,190 shares of the company’s stock valued at $18,006,000 after purchasing an additional 96,825 shares during the period.

WisdomTree Europe Hedged Equity Fund Company Profile

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.