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

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) saw a significant growth in short interest in 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. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 65,540 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 65,540 shares, the short-interest ratio is presently 1.2 days. Currently, 0.9% of the shares of the company are short sold.

WisdomTree Continuous Commodity Index Fund Stock Performance

Shares of GCC opened at $23.76 on Wednesday. WisdomTree Continuous Commodity Index Fund has a 52 week low of $17.70 and a 52 week high of $23.94. The business has a 50-day simple moving average of $21.52 and a two-hundred day simple moving average of $21.06.

WisdomTree Continuous Commodity Index Fund Announces Dividend

The company also recently declared 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 dividend yield of 295.0%. The ex-dividend date was Friday, December 26th.

Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund

Large investors have recently made changes to their positions in the business. Warren Street Wealth Advisors LLC raised its stake in WisdomTree Continuous Commodity Index Fund by 7.5% during the 2nd quarter. Warren Street Wealth Advisors LLC now owns 636,417 shares of the company’s stock valued at $12,661,000 after purchasing an additional 44,460 shares during the period. Leo Wealth LLC grew its stake in WisdomTree Continuous Commodity Index Fund by 60.0% during the second quarter. Leo Wealth LLC now owns 417,436 shares of the company’s stock valued at $8,312,000 after acquiring an additional 156,573 shares in the last quarter. Empirical Asset Management LLC increased its holdings in WisdomTree Continuous Commodity Index Fund by 0.5% in the 2nd quarter. Empirical Asset Management LLC now owns 137,848 shares of the company’s stock valued at $2,742,000 after acquiring an additional 665 shares during the last quarter. Sigma Planning Corp lifted its stake in WisdomTree Continuous Commodity Index Fund by 4.2% in the 2nd quarter. Sigma Planning Corp now owns 26,560 shares of the company’s stock worth $528,000 after purchasing an additional 1,059 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of WisdomTree Continuous Commodity Index Fund by 20.2% during the second quarter. Cetera Investment Advisers now owns 22,338 shares of the company’s stock valued at $444,000 after purchasing an additional 3,748 shares in the last quarter.

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.