WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Short Interest Down 80.4% in August

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

WisdomTree Japan Opportunities Fund Stock Performance

NASDAQ:OPPJ traded up $1.31 on Friday, reaching $60.52. The company’s stock had a trading volume of 3,363 shares, compared to its average volume of 77,213. WisdomTree Japan Opportunities Fund has a 1-year low of $41.10 and a 1-year high of $61.30. The business’s 50-day moving average price is $57.81 and its two-hundred day moving average price is $57.07. The firm has a market cap of $296.52 million, a PE ratio of 11.40 and a beta of 0.26.

Hedge Funds Weigh In On WisdomTree Japan Opportunities Fund

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

About WisdomTree Japan Opportunities Fund

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.