WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI) Sees Large Growth in Short Interest

WisdomTree Equity Premium Income Fund (NYSEARCA:WTPIGet Free Report) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 85,111 shares, a growth of 114.8% from the February 12th total of 39,630 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 195,290 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 195,290 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the shares of the company are short sold.

WisdomTree Equity Premium Income Fund Price Performance

Shares of NYSEARCA:WTPI traded down $0.33 during trading on Thursday, hitting $32.85. 22,731 shares of the stock traded hands, compared to its average volume of 132,009. The company has a fifty day moving average price of $33.44 and a two-hundred day moving average price of $33.32. WisdomTree Equity Premium Income Fund has a 52-week low of $27.00 and a 52-week high of $33.92.

Hedge Funds Weigh In On WisdomTree Equity Premium Income Fund

A number of large investors have recently bought and sold shares of WTPI. Trust Point Inc. purchased a new position in shares of WisdomTree Equity Premium Income Fund during the 3rd quarter worth $7,644,000. Farther Finance Advisors LLC purchased a new stake in shares of WisdomTree Equity Premium Income Fund during the 3rd quarter worth $40,000. Tactive Advisors LLC acquired a new stake in shares of WisdomTree Equity Premium Income Fund in the third quarter valued at about $361,000. Granite Bay Wealth Management LLC acquired a new position in WisdomTree Equity Premium Income Fund during the third quarter worth about $7,793,000. Finally, CWM LLC purchased a new position in WisdomTree Equity Premium Income Fund in the third quarter valued at about $552,000.

About WisdomTree Equity Premium Income Fund

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The WisdomTree Equity Premium Income Fund (Ticker: WTPI) is an exchange-traded fund (ETF) managed by WisdomTree, Inc The fund seeks to provide investors with consistent income by selling put options bi-weekly on the S&P 500 Index, targeting a 2.5% premium. This strategy aims to capitalize on the volatility premium in the options market, potentially offering attractive income opportunities, especially in flat-to-down market conditions.

Further Reading

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