WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Short Interest Update

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 5,623 shares, a decline of 65.9% from the July 15th total of 16,487 shares. Based on an average daily volume of 45,098 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

WisdomTree Continuous Commodity Index Fund Stock Up 0.5%

Shares of GCC traded up $0.14 during midday trading on Friday, reaching $25.22. 18,292 shares of the stock were exchanged, compared to its average volume of 68,008. WisdomTree Continuous Commodity Index Fund has a 12-month low of $20.03 and a 12-month high of $26.50. The firm has a 50 day simple moving average of $23.82 and a 200-day simple moving average of $23.99.

Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its stake in WisdomTree Continuous Commodity Index Fund by 3.2% in the fourth quarter. Cerity Partners LLC now owns 21,015 shares of the company’s stock valued at $444,000 after acquiring an additional 657 shares during the last quarter. Comerica Bank increased 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. Merit Financial Group LLC increased its stake in shares of WisdomTree Continuous Commodity Index Fund by 7.9% during the 4th quarter. Merit Financial Group LLC now owns 10,740 shares of the company’s stock worth $227,000 after purchasing an additional 788 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of WisdomTree Continuous Commodity Index Fund by 4.4% during the 4th quarter. Stifel Financial Corp now owns 22,213 shares of the company’s stock valued at $470,000 after purchasing an additional 940 shares in the last quarter. Finally, Aptus Capital Advisors LLC bought a new position in shares of WisdomTree Continuous Commodity Index Fund during the 4th quarter valued at $34,000.

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.