WisdomTree Target Range Fund (NASDAQ:GTR) Sees Large Growth in Short Interest

WisdomTree Target Range Fund (NASDAQ:GTR) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 7,100 shares, a growth of 26.8% from the November 30th total of 5,600 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is currently 1.4 days.

WisdomTree Target Range Fund Stock Down 0.8 %

Shares of GTR stock opened at $23.75 on Tuesday. The firm has a market capitalization of $60.56 million, a PE ratio of 1.57 and a beta of 0.50. The company has a 50 day moving average price of $24.81 and a 200-day moving average price of $24.44. WisdomTree Target Range Fund has a 52 week low of $22.42 and a 52 week high of $25.64.

WisdomTree Target Range Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, December 26th were paid a dividend of $0.1982 per share. The ex-dividend date of this dividend was Thursday, December 26th.

About WisdomTree Target Range Fund

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.