Short Interest in WisdomTree Target Range Fund (NASDAQ:GTR) Grows By 238.6%

WisdomTree Target Range Fund (NASDAQ:GTR) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 28,100 shares, an increase of 238.6% from the January 31st total of 8,300 shares. Based on an average daily volume of 24,600 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WisdomTree Target Range Fund stock. OLD Mission Capital LLC bought a new stake in shares of WisdomTree Target Range Fund (NASDAQ:GTR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 19,344 shares of the company’s stock, valued at approximately $458,000. OLD Mission Capital LLC owned about 1.09% of WisdomTree Target Range Fund at the end of the most recent quarter.

WisdomTree Target Range Fund Stock Performance

NASDAQ GTR opened at $23.83 on Friday. WisdomTree Target Range Fund has a one year low of $22.82 and a one year high of $25.64. The stock has a 50-day moving average of $24.03 and a 200 day moving average of $24.45. The company has a market capitalization of $42.18 million, a price-to-earnings ratio of 1.57 and a beta of 0.50.

WisdomTree Target Range Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Stockholders of record on Thursday, December 26th were paid a $0.1982 dividend. The ex-dividend date of this dividend was Thursday, December 26th.

WisdomTree Target Range Fund Company Profile

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.