WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Update

WisdomTree Target Range Fund (NASDAQ:GTR) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 14,900 shares, a decline of 47.0% from the February 13th total of 28,100 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds 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 purchased a new position in shares of WisdomTree Target Range Fund (NASDAQ:GTR) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 19,344 shares of the company’s stock, valued at approximately $458,000. OLD Mission Capital LLC owned 1.09% of WisdomTree Target Range Fund as of its most recent filing with the SEC.

WisdomTree Target Range Fund Stock Up 1.6 %

NASDAQ GTR traded up $0.36 during trading hours on Friday, reaching $23.49. 2,427 shares of the company were exchanged, compared to its average volume of 10,641. The stock has a market capitalization of $41.58 million, a P/E ratio of 22.58 and a beta of 0.50. WisdomTree Target Range Fund has a 1 year low of $22.82 and a 1 year high of $25.64. The business’s 50 day simple moving average is $23.94 and its 200-day simple moving average is $24.41.

WisdomTree Target Range Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Investors of record on Thursday, December 26th were issued a $0.1982 dividend. The ex-dividend date was Thursday, December 26th.

About WisdomTree Target Range Fund

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.