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

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 807,628 shares, a growth of 4,546.3% from the October 15th total of 17,382 shares. Approximately 7.0% of the company’s shares are sold short. Based on an average daily trading volume, of 308,736 shares, the short-interest ratio is presently 2.6 days.

WisdomTree Continuous Commodity Index Fund Price Performance

WisdomTree Continuous Commodity Index Fund stock traded down $0.17 during trading hours on Tuesday, reaching $18.72. The stock had a trading volume of 126,695 shares, compared to its average volume of 85,196. WisdomTree Continuous Commodity Index Fund has a 52 week low of $18.59 and a 52 week high of $27.24. The company has a fifty day simple moving average of $25.31 and a 200-day simple moving average of $24.43.

WisdomTree Continuous Commodity Index Fund Dividend Announcement

The firm also recently announced a special dividend, which was paid on Thursday, October 29th. Stockholders of record on Tuesday, October 27th were paid a dividend of $6.4525 per share. The ex-dividend date of this dividend was Tuesday, October 27th. This represents a dividend yield of 6,465.0%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GCC. Global Wealth Management Investment Advisory Inc. lifted its position in WisdomTree Continuous Commodity Index Fund by 2.5% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 41,544 shares of the company’s stock valued at $1,107,000 after acquiring an additional 1,021 shares during the period. Horizon Wealth Management LLC purchased a new position in WisdomTree Continuous Commodity Index Fund in the 3rd quarter worth about $22,065,000. Kestra Advisory Services LLC lifted its position in WisdomTree Continuous Commodity Index Fund by 87.6% during the third quarter. Kestra Advisory Services LLC now owns 467,547 shares of the company’s stock valued at $12,455,000 after purchasing an additional 218,264 shares during the period. Team Financial Group LLC lifted its holdings in shares of WisdomTree Continuous Commodity Index Fund by 0.6% during the 3rd quarter. Team Financial Group LLC now owns 131,157 shares of the company’s stock valued at $3,494,000 after buying an additional 744 shares during the period. Finally, Wright Wealth LLC boosted its position in WisdomTree Continuous Commodity Index Fund by 4.5% in the third quarter. Wright Wealth LLC now owns 329,527 shares of the company’s stock worth $8,779,000 after purchasing an additional 14,154 shares during 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.