WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Down 79.2% in May

WisdomTree Target Range Fund (NASDAQ:GTR - Get Free Report) saw a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 1,500 shares, a drop of 79.2% from the May 15th total of 7,200 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree Target Range Fund Trading Down 1.0%

WisdomTree Target Range Fund stock traded down $0.23 during mid-day trading on Friday, reaching $24.08. The company had a trading volume of 377 shares, compared to its average volume of 10,776. The company has a market cap of $55.37 million, a P/E ratio of 20.13 and a beta of 0.61. The business has a fifty day simple moving average of $23.42 and a 200 day simple moving average of $23.78. WisdomTree Target Range Fund has a fifty-two week low of $21.59 and a fifty-two week high of $25.64.

WisdomTree Target Range Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.16%. The ex-dividend date was Wednesday, March 26th.

Institutional Trading of WisdomTree Target Range Fund

A hedge fund recently bought a new stake in WisdomTree Target Range Fund stock. OLD Mission Capital LLC purchased a new position in WisdomTree Target Range Fund (NASDAQ:GTR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 19,344 shares of the company's stock, valued at approximately $458,000. OLD Mission Capital LLC owned approximately 1.09% of WisdomTree Target Range Fund at the end of the most recent reporting period.

WisdomTree Target Range Fund Company Profile

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.