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

WisdomTree Target Range Fund (NASDAQ:GTR - Get Free Report) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,700 shares, a drop of 84.5% from the March 31st total of 11,000 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,500 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WisdomTree Target Range Fund stock. OLD Mission Capital LLC acquired a new stake in shares of WisdomTree Target Range Fund (NASDAQ:GTR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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 as of its most recent SEC filing.

WisdomTree Target Range Fund Price Performance

Shares of GTR stock traded up $0.01 during mid-day trading on Friday, hitting $22.98. The company had a trading volume of 1,012 shares, compared to its average volume of 11,009. The company has a market capitalization of $51.71 million, a P/E ratio of 19.05 and a beta of 0.50. The stock's 50 day moving average price is $23.18 and its 200-day moving average price is $24.05. WisdomTree Target Range Fund has a 52-week low of $21.59 and a 52-week high of $25.64.

WisdomTree Target Range Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Wednesday, March 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.

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