WisdomTree Target Range Fund (NASDAQ:GTR - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 7,200 shares, an increase of 260.0% from the April 30th total of 2,000 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the shares of the stock are short sold.
WisdomTree Target Range Fund Price Performance
NASDAQ GTR traded down $0.04 during mid-day trading on Friday, hitting $23.96. The stock had a trading volume of 3,340 shares, compared to its average volume of 10,931. The firm's 50 day moving average is $23.15 and its 200 day moving average is $23.84. WisdomTree Target Range Fund has a twelve month low of $21.59 and a twelve month high of $25.64. The stock has a market capitalization of $53.91 million, a price-to-earnings ratio of 20.13 and a beta of 0.50.
WisdomTree Target Range Fund Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend was Wednesday, March 26th.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in WisdomTree Target Range Fund stock. OLD Mission Capital LLC acquired a new stake in WisdomTree Target Range Fund (NASDAQ:GTR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 19,344 shares of the company's stock, valued at approximately $458,000. OLD Mission Capital LLC owned about 1.09% of WisdomTree Target Range Fund as of its most recent filing with the SEC.
WisdomTree Target Range Fund Company Profile
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The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.
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