Short Interest in WisdomTree Target Range Fund (NASDAQ:GTR) Increases By 51.9%

Posted by Don Miller on Jul 29th, 2024

WisdomTree Target Range Fund (NASDAQ:GTR – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 7,900 shares, an increase of 51.9% from the June 30th total of 5,200 shares. Based on an average trading volume of 6,400 shares, the days-to-cover ratio is currently 1.2 days.

WisdomTree Target Range Fund Price Performance

GTR opened at $24.36 on Monday. The firm has a 50 day simple moving average of $23.97 and a 200 day simple moving average of $23.48. The company has a market cap of $62.12 million, a price-to-earnings ratio of 1.57 and a beta of 0.50. WisdomTree Target Range Fund has a fifty-two week low of $20.52 and a fifty-two week high of $24.48.

WisdomTree Target Range Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 27th. Investors of record on Tuesday, June 25th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, June 25th.

Institutional Investors Weigh In On WisdomTree Target Range Fund

An institutional investor recently bought a new position in WisdomTree Target Range Fund stock. International Assets Investment Management LLC acquired a new stake in WisdomTree Target Range Fund (NASDAQ:GTR – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 18,835 shares of the company’s stock, valued at approximately $433,000. International Assets Investment Management LLC owned approximately 0.68% of WisdomTree Target Range Fund as of its most recent SEC filing.

WisdomTree Target Range Fund Company Profile

(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.