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

WisdomTree Target Range Fund (NASDAQ:GTR - Get Free Report) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 5,600 shares, an increase of 40.0% from the November 15th total of 4,000 shares. Based on an average trading volume of 3,500 shares, the short-interest ratio is presently 1.6 days.

WisdomTree Target Range Fund Price Performance

NASDAQ GTR traded down $0.05 during trading hours on Friday, reaching $24.82. 1,034 shares of the stock traded hands, compared to its average volume of 5,379. The company has a market cap of $63.28 million, a price-to-earnings ratio of 1.57 and a beta of 0.50. WisdomTree Target Range Fund has a 1 year low of $22.42 and a 1 year high of $25.64. The stock has a 50 day simple moving average of $24.95 and a two-hundred day simple moving average of $24.41.

WisdomTree Target Range Fund Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, December 6th were issued a $0.5199 dividend. This is a positive change from WisdomTree Target Range Fund's previous dividend of $0.17. The ex-dividend date of this dividend was Friday, December 6th.

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.