WisdomTree Target Range Fund (NASDAQ:GTR) Sees Significant Decrease in Short Interest

WisdomTree Target Range Fund (NASDAQ:GTR - Get Free Report) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 6,700 shares, a decrease of 5.6% from the December 15th total of 7,100 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is presently 1.2 days.

WisdomTree Target Range Fund Stock Down 0.1 %

NASDAQ:GTR traded down $0.02 during trading hours on Friday, hitting $23.89. 22,055 shares of the company's stock traded hands, compared to its average volume of 5,087. The firm has a market cap of $58.53 million, a P/E ratio of 1.57 and a beta of 0.50. The business's fifty day simple moving average is $24.53 and its two-hundred day simple moving average is $24.42. WisdomTree Target Range Fund has a 52 week low of $22.45 and a 52 week high of $25.64.

WisdomTree Target Range Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Thursday, December 26th were issued a dividend of $0.1982 per share. The ex-dividend date was Thursday, December 26th.

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.