WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) Sees Significant Growth in Short Interest

WisdomTree Japan Opportunities Fund (NASDAQ:OPPJ) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 14,494 shares, a growth of 245.0% from the August 31st total of 4,201 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 113,586 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On WisdomTree Japan Opportunities Fund

Large investors have recently bought and sold shares of the business. JNBA Financial Advisors bought a new position in WisdomTree Japan Opportunities Fund during the second quarter valued at $2,656,000. Citadel Advisors LLC increased its holdings in shares of 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 buying an additional 2,859 shares during the last quarter. Avant Capital LLC purchased a new stake in shares of WisdomTree Japan Opportunities Fund during the 2nd quarter valued at about $802,000. SFG Wealth Management LLC. bought a new position in shares of WisdomTree Japan Opportunities Fund in the 2nd quarter valued at about $427,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree Japan Opportunities Fund in the 2nd quarter valued at about $36,000.

WisdomTree Japan Opportunities Fund Stock Performance

Shares of OPPJ traded up $0.90 during mid-day trading on Friday, hitting $59.93. 27,197 shares of the stock were exchanged, compared to its average volume of 74,770. The company has a market cap of $341.60 million, a PE ratio of 11.40 and a beta of 0.26. WisdomTree Japan Opportunities Fund has a 52-week low of $41.10 and a 52-week high of $61.45. The firm has a 50-day moving average of $58.39 and a two-hundred day moving average of $57.37.

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.