WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Short Interest Down 84.3% in June

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 5,420 shares, a drop of 84.3% from the June 15th total of 34,514 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 46,033 shares, the days-to-cover ratio is currently 0.1 days.

WisdomTree Continuous Commodity Index Fund Stock Down 0.1%

GCC traded down $0.02 on Friday, hitting $23.62. The company had a trading volume of 16,410 shares, compared to its average volume of 71,872. The company’s fifty day moving average price is $24.34 and its 200 day moving average price is $23.57. WisdomTree Continuous Commodity Index Fund has a 1 year low of $19.95 and a 1 year high of $26.50.

Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund

A number of hedge funds have recently made changes to their positions in GCC. Aptus Capital Advisors LLC acquired a new stake in WisdomTree Continuous Commodity Index Fund in the 4th quarter valued at approximately $34,000. Flagship Harbor Advisors LLC acquired a new position in WisdomTree Continuous Commodity Index Fund during the fourth quarter worth $39,000. Comerica Bank boosted its position in shares of WisdomTree Continuous Commodity Index Fund by 32.2% during the fourth quarter. Comerica Bank now owns 3,165 shares of the company’s stock worth $67,000 after buying an additional 770 shares during the period. Fifth Third Bancorp purchased a new position in shares of WisdomTree Continuous Commodity Index Fund during the first quarter worth $134,000. Finally, Merit Financial Group LLC grew its stake in shares of WisdomTree Continuous Commodity Index Fund by 7.9% in the fourth quarter. Merit Financial Group LLC now owns 10,740 shares of the company’s stock valued at $227,000 after buying an additional 788 shares in the last quarter.

About WisdomTree Continuous Commodity Index Fund

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.