WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Sees Large Growth in Short Interest

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 807,628 shares, a growth of 4,546.3% from the October 15th total of 17,382 shares. Based on an average daily volume of 308,736 shares, the short-interest ratio is presently 2.6 days. Currently, 7.0% of the company’s stock are sold short.

WisdomTree Continuous Commodity Index Fund Stock Down 0.9%

NYSEARCA:GCC traded down $0.17 on Tuesday, hitting $18.72. The stock had a trading volume of 126,695 shares, compared to its average volume of 85,196. WisdomTree Continuous Commodity Index Fund has a 52 week low of $18.59 and a 52 week high of $27.24. The business’s fifty day moving average is $25.31 and its 200 day moving average is $24.43.

WisdomTree Continuous Commodity Index Fund Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Thursday, October 29th. Shareholders of record on Tuesday, October 27th were paid a $6.4525 dividend. This represents a dividend yield of 6,465.0%. The ex-dividend date of this dividend was Tuesday, October 27th.

Institutional Trading of WisdomTree Continuous Commodity Index Fund

Institutional investors have recently made changes to their positions in the company. Team Financial Group LLC lifted its position in shares of WisdomTree Continuous Commodity Index Fund by 0.6% during the 3rd quarter. Team Financial Group LLC now owns 131,157 shares of the company’s stock worth $3,494,000 after buying an additional 744 shares in the last quarter. Global Wealth Management Investment Advisory Inc. increased its holdings in WisdomTree Continuous Commodity Index Fund by 2.5% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 41,544 shares of the company’s stock worth $1,107,000 after acquiring an additional 1,021 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of WisdomTree Continuous Commodity Index Fund in the second quarter worth about $36,000. Sigma Planning Corp raised its stake in shares of WisdomTree Continuous Commodity Index Fund by 6.2% during the 1st quarter. Sigma Planning Corp now owns 30,140 shares of the company’s stock valued at $722,000 after purchasing an additional 1,761 shares during the period. Finally, Fifth Third Bancorp bought a new stake in WisdomTree Continuous Commodity Index Fund during the 1st quarter worth approximately $134,000.

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.