WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Sees Significant Decrease in Short Interest

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 10,863 shares, a drop of 84.9% from the January 29th total of 71,802 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 78,405 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 78,405 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

WisdomTree Continuous Commodity Index Fund Price Performance

Shares of GCC stock traded up $0.26 on Wednesday, hitting $23.05. The stock had a trading volume of 53,879 shares, compared to its average volume of 129,932. The stock’s 50 day moving average is $22.25 and its 200-day moving average is $21.38. WisdomTree Continuous Commodity Index Fund has a 52-week low of $17.70 and a 52-week high of $24.86.

WisdomTree Continuous Commodity Index Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 26th were given a $0.3191 dividend. This represents a yield of 295.0%. The ex-dividend date of this dividend was Friday, December 26th.

Institutional Trading of WisdomTree Continuous Commodity Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Aptus Capital Advisors LLC acquired a new position in shares of WisdomTree Continuous Commodity Index Fund in the fourth quarter worth about $34,000. Flagship Harbor Advisors LLC purchased a new stake in WisdomTree Continuous Commodity Index Fund during the 4th quarter worth approximately $39,000. Comerica Bank raised its position in shares of WisdomTree Continuous Commodity Index Fund by 32.2% in the 4th quarter. Comerica Bank now owns 3,165 shares of the company’s stock valued at $67,000 after purchasing an additional 770 shares in the last quarter. Frazier Financial Advisors LLC boosted its stake in shares of WisdomTree Continuous Commodity Index Fund by 367.5% during the 3rd quarter. Frazier Financial Advisors LLC now owns 3,530 shares of the company’s stock valued at $76,000 after buying an additional 2,775 shares during the last quarter. Finally, Merit Financial Group LLC boosted its stake in shares of WisdomTree Continuous Commodity Index Fund by 7.9% during the 4th quarter. Merit Financial Group LLC now owns 10,740 shares of the company’s stock valued at $227,000 after buying an additional 788 shares during the last quarter.

WisdomTree Continuous Commodity Index Fund Company Profile

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.