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

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 52,905 shares, an increase of 265.0% from the September 15th total of 14,494 shares. Based on an average trading volume of 25,528 shares, the short-interest ratio is currently 2.1 days. Approximately 0.9% of the company’s stock are sold short.

WisdomTree Japan Opportunities Fund Stock Up 0.6%

Shares of OPPJ traded up $0.37 during mid-day trading on Friday, hitting $59.13. 22,835 shares of the company’s stock were exchanged, compared to its average volume of 72,222. The firm has a fifty day moving average of $58.77 and a two-hundred day moving average of $57.78. WisdomTree Japan Opportunities Fund has a twelve month low of $41.10 and a twelve month high of $61.45. The stock has a market cap of $337.04 million, a price-to-earnings ratio of 11.40 and a beta of 0.27.

Institutional Trading of WisdomTree Japan Opportunities Fund

Hedge funds have recently added to or reduced their stakes in the business. JNBA Financial Advisors bought a new position in WisdomTree Japan Opportunities Fund during the second quarter worth $2,656,000. Citadel Advisors LLC grew its position in WisdomTree Japan Opportunities Fund by 8.3% in 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 last quarter. Avant Capital LLC acquired a new stake in WisdomTree Japan Opportunities Fund in the 2nd quarter worth $802,000. SFG Wealth Management LLC. bought a new position in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter worth about $427,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter worth about $36,000.

WisdomTree Japan Opportunities Fund Company Profile

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.