WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Sees Significant Growth in Short Interest

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 80,793 shares, a growth of 496.7% from the December 31st total of 13,539 shares. Based on an average daily volume of 65,540 shares, the short-interest ratio is presently 1.2 days. Approximately 0.9% of the shares of the stock are sold short. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 65,540 shares, the short-interest ratio is presently 1.2 days.

WisdomTree Continuous Commodity Index Fund Trading Up 0.2%

Shares of GCC traded up $0.06 during mid-day trading on Thursday, reaching $24.22. 166,403 shares of the company’s stock were exchanged, compared to its average volume of 182,753. WisdomTree Continuous Commodity Index Fund has a 52-week low of $17.70 and a 52-week high of $24.86. The company has a 50-day simple moving average of $21.67 and a two-hundred day simple moving average of $21.10.

WisdomTree Continuous Commodity Index Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 26th were given a dividend of $0.3191 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a yield of 295.0%.

Institutional Trading of WisdomTree Continuous Commodity Index Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC purchased a new stake in WisdomTree Continuous Commodity Index Fund during the 4th quarter worth about $39,000. Comerica Bank boosted its stake in shares of WisdomTree Continuous Commodity Index Fund by 32.2% during the 4th quarter. Comerica Bank now owns 3,165 shares of the company’s stock worth $67,000 after purchasing an additional 770 shares during the last quarter. Frazier Financial Advisors LLC boosted its stake in shares of WisdomTree Continuous Commodity Index Fund by 367.5% during the 3rd quarter. Frazier Financial Advisors LLC now owns 3,530 shares of the company’s stock worth $76,000 after purchasing an additional 2,775 shares during the last quarter. Merit Financial Group LLC grew its holdings in shares of WisdomTree Continuous Commodity Index Fund by 7.9% during the fourth quarter. Merit Financial Group LLC now owns 10,740 shares of the company’s stock worth $227,000 after buying an additional 788 shares in the last quarter. Finally, XY Planning Network Inc. acquired a new position in shares of WisdomTree Continuous Commodity Index Fund in the fourth quarter valued at approximately $362,000.

WisdomTree Continuous Commodity Index Fund Company Profile

The WisdomTree Enhanced Commodity Strategy Fund (GCC) is an exchange-traded fund that mostly invests in broad market commodities. The fund is a long-only commodity strategy providing actively-managed exposure to four broad commodity sectors: Energy, Agriculture, Industrial Metals, and Precious Metals via related futures contracts. GCC was launched on Jan 24, 2008 and is managed by WisdomTree.