Short Interest in WisdomTree Target Range Fund (NASDAQ:GTR) Expands By 461.0%

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 12,325 shares, a growth of 461.0% from the January 15th total of 2,197 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 3,882 shares, the short-interest ratio is currently 3.2 days. Based on an average daily volume of 3,882 shares, the short-interest ratio is currently 3.2 days. Currently, 0.5% of the shares of the stock are short sold.

WisdomTree Target Range Fund Stock Up 0.1%

Shares of WisdomTree Target Range Fund stock traded up $0.03 during trading hours on Tuesday, reaching $26.16. 1,775 shares of the company’s stock were exchanged, compared to its average volume of 5,751. The business has a fifty day moving average of $25.74 and a two-hundred day moving average of $25.66. The company has a market capitalization of $63.31 million, a P/E ratio of 20.13 and a beta of 0.60. WisdomTree Target Range Fund has a 1 year low of $21.59 and a 1 year high of $26.36.

WisdomTree Target Range Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were paid a $0.8466 dividend. This is a positive change from WisdomTree Target Range Fund’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $3.39 dividend on an annualized basis and a yield of 12.9%.

Institutional Investors Weigh In On WisdomTree Target Range Fund

An institutional investor recently raised its position in WisdomTree Target Range Fund stock. Valmark Advisers Inc. increased its stake in shares of WisdomTree Target Range Fund (NASDAQ:GTR) by 0.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,232,564 shares of the company’s stock after purchasing an additional 10,507 shares during the period. Valmark Advisers Inc. owned approximately 92.25% of WisdomTree Target Range Fund worth $56,341,000 at the end of the most recent reporting period.

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.