WisdomTree Target Range Fund (NASDAQ:GTR - Get Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 1,500 shares, a decrease of 79.2% from the May 15th total of 7,200 shares. Currently, 0.1% of the company's shares are sold short. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Investors Weigh In On WisdomTree Target Range Fund
A hedge fund recently bought a new stake in WisdomTree Target Range Fund stock. OLD Mission Capital LLC bought a new stake in shares of WisdomTree Target Range Fund (NASDAQ:GTR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 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 Securities & Exchange Commission.
WisdomTree Target Range Fund Stock Down 0.6%
Shares of NASDAQ:GTR traded down $0.14 during trading on Friday, hitting $24.17. The stock had a trading volume of 321 shares, compared to its average volume of 16,809. The company has a market capitalization of $55.58 million, a PE ratio of 20.13 and a beta of 0.61. The firm's fifty day moving average is $23.38 and its 200 day moving average is $23.80. WisdomTree Target Range Fund has a 12 month low of $21.59 and a 12 month high of $25.64.
WisdomTree Target Range Fund Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were paid a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $0.52 annualized dividend and a dividend yield of 2.15%.
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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