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

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 80,793 shares, a growth of 496.7% from the December 31st total of 13,539 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 65,540 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 65,540 shares, the short-interest ratio is currently 1.2 days. Approximately 0.9% of the shares of the company are sold short.

Institutional Investors Weigh In On WisdomTree Continuous Commodity Index Fund

Hedge funds have recently modified their holdings of the business. Leo Wealth LLC lifted its position in WisdomTree Continuous Commodity Index Fund by 75.0% during the fourth quarter. Leo Wealth LLC now owns 448,948 shares of the company’s stock valued at $9,499,000 after purchasing an additional 192,392 shares in the last quarter. Team Financial Group LLC raised its stake in shares of WisdomTree Continuous Commodity Index Fund by 11.4% in the fourth quarter. Team Financial Group LLC now owns 125,846 shares of the company’s stock worth $2,662,000 after buying an additional 12,871 shares during the period. NerdWallet Wealth Partners LLC lifted its position in shares of WisdomTree Continuous Commodity Index Fund by 21.0% during the 4th quarter. NerdWallet Wealth Partners LLC now owns 67,921 shares of the company’s stock valued at $1,434,000 after buying an additional 11,781 shares in the last quarter. von Borstel & Associates Inc. bought a new position in shares of WisdomTree Continuous Commodity Index Fund during the 3rd quarter valued at approximately $2,304,000. Finally, Roman Butler Fullerton & Co. bought a new position in shares of WisdomTree Continuous Commodity Index Fund during the 3rd quarter valued at approximately $609,000.

WisdomTree Continuous Commodity Index Fund Stock Performance

WisdomTree Continuous Commodity Index Fund stock opened at $24.22 on Friday. WisdomTree Continuous Commodity Index Fund has a 52-week low of $17.70 and a 52-week high of $24.86. The business has a 50-day simple moving average of $21.67 and a two-hundred day simple moving average of $21.10.

WisdomTree Continuous Commodity Index Fund Announces Dividend

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

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.