Short Interest in WisdomTree Target Range Fund (NASDAQ:GTR) Declines By 47.0%

WisdomTree Target Range Fund (NASDAQ:GTRGet Free Report) saw a significant decline in short interest in 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. Based on an average daily trading volume, of 25,400 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.8% of the company’s shares are short sold.

WisdomTree Target Range Fund Stock Performance

NASDAQ:GTR traded up $0.36 during midday trading on Friday, reaching $23.49. 2,427 shares of the stock traded hands, 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 12 month low of $22.82 and a 12 month high of $25.64. The company has a fifty day moving average of $23.94 and a 200 day moving average of $24.41.

WisdomTree Target Range Fund Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Stockholders of record on Thursday, December 26th were issued a dividend of $0.1982 per share. The ex-dividend date was Thursday, December 26th.

Institutional Trading of WisdomTree Target Range Fund

An institutional investor recently bought a new position in WisdomTree Target Range Fund stock. OLD Mission Capital LLC purchased a new stake in WisdomTree Target Range Fund (NASDAQ:GTRFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing.

About WisdomTree Target Range Fund

(Get Free Report)

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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