WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Short Interest Down 87.8% in September

Key Points

• The short interest in the WisdomTree Bianco Total Return Fund (WTBN) dropped by 87.8% in September, with only 2,800 shares shorted as of the 30th.
• Various institutional investors have recently modified their stakes, with Steward Partners Investment Advisory LLC significantly increasing its holdings by 14,761.0%.
• The fund's stock performance reflects stability, trading at $25.93 with a 12-month range between $24.50 and $26.00.

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN - ) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,800 shares, a decline of 87.8% from the September 15th total of 22,900 shares. Based on an average daily trading volume, of 8,300 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 8,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On WisdomTree Bianco Total Return Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in WisdomTree Bianco Total Return Fund during the second quarter worth approximately $62,000. Park Edge Advisors LLC raised its holdings in WisdomTree Bianco Total Return Fund by 8.4% during the third quarter. Park Edge Advisors LLC now owns 169,584 shares of the company's stock worth $4,352,000 after purchasing an additional 13,126 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in WisdomTree Bianco Total Return Fund by 14,761.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 14,861 shares of the company's stock worth $378,000 after purchasing an additional 14,761 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in WisdomTree Bianco Total Return Fund by 31.3% during the first quarter. Envestnet Asset Management Inc. now owns 118,481 shares of the company's stock worth $2,992,000 after purchasing an additional 28,241 shares in the last quarter. Finally, Lionsbridge Wealth Management LLC raised its holdings in WisdomTree Bianco Total Return Fund by 336.8% during the second quarter. Lionsbridge Wealth Management LLC now owns 90,479 shares of the company's stock worth $2,303,000 after purchasing an additional 69,767 shares in the last quarter.

WisdomTree Bianco Total Return Fund Stock Performance

Shares of WTBN traded up $0.09 during mid-day trading on Thursday, reaching $25.93. 34,760 shares of the company's stock traded hands, compared to its average volume of 11,298. The business's 50-day moving average price is $25.62 and its 200-day moving average price is $25.34. WisdomTree Bianco Total Return Fund has a 12 month low of $24.50 and a 12 month high of $26.00.

WisdomTree Bianco Total Return Fund Company Profile

The WisdomTree Bianco Total Return Fund (WTBN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a passively managed fund-of-funds, aiming to outperform index-based core fixed income ETFs. The underlying index is constructed utilizing fundamental, rules-based research to select and weight components among broad fixed income exposure globally.

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