WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 17,382 shares, a decline of 75.8% from the September 30th total of 71,738 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 42,555 shares, the short-interest ratio is currently 0.4 days.
Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund
A number of institutional investors have recently added to or reduced their stakes in the company. Wright Wealth LLC increased its position in shares of WisdomTree Continuous Commodity Index Fund by 4.5% during the third quarter. Wright Wealth LLC now owns 329,527 shares of the company’s stock valued at $8,779,000 after acquiring an additional 14,154 shares in the last quarter. Roman Butler Fullerton & Co. bought a new position in WisdomTree Continuous Commodity Index Fund in the 3rd quarter valued at approximately $871,000. Oppenheimer & Co. Inc. bought a new position in WisdomTree Continuous Commodity Index Fund in the 3rd quarter valued at approximately $347,000. Leo Wealth LLC purchased a new stake in WisdomTree Continuous Commodity Index Fund during the 3rd quarter valued at $1,820,000. Finally, Sigma Planning Corp bought a new stake in shares of WisdomTree Continuous Commodity Index Fund in the 3rd quarter worth $803,000.
WisdomTree Continuous Commodity Index Fund Trading Down 0.3%
GCC traded down $0.07 during trading on Thursday, hitting $20.05. 551,725 shares of the stock traded hands, compared to its average volume of 78,764. The firm has a 50-day moving average of $26.29 and a 200 day moving average of $24.55. WisdomTree Continuous Commodity Index Fund has a 12-month low of $19.75 and a 12-month high of $27.24.
WisdomTree Continuous Commodity Index Fund Dividend Announcement
The firm also recently declared a special dividend, which will be paid on Thursday, October 29th. Investors of record on Tuesday, October 27th will be paid a $6.4525 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a yield of 6,465.0%.
About WisdomTree Continuous Commodity Index Fund
The WisdomTree Enhanced Commodity Strategy Fund (GCC) is an exchange-traded fund that mostly invests in broad market commodities. The fund is a long-only commodity strategy providing actively-managed exposure to four broad commodity sectors: Energy, Agriculture, Industrial Metals, and Precious Metals via related futures contracts. GCC was launched on Jan 24, 2008 and is managed by WisdomTree.
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