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

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 5,600 shares, an increase of 40.0% from the November 15th total of 4,000 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 1.6 days.

WisdomTree Target Range Fund Stock Performance

Shares of NASDAQ GTR traded down $0.05 during trading on Friday, reaching $24.82. The stock had a trading volume of 1,034 shares, compared to its average volume of 5,379. The business’s 50-day moving average price is $24.95 and its 200-day moving average price is $24.41. WisdomTree Target Range Fund has a fifty-two week low of $22.42 and a fifty-two week high of $25.64. The company has a market cap of $63.28 million, a P/E ratio of 1.57 and a beta of 0.50.

WisdomTree Target Range Fund Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, December 6th were paid a $0.5199 dividend. This is a positive change from WisdomTree Target Range Fund’s previous dividend of $0.17. The ex-dividend date was Friday, December 6th.

WisdomTree Target Range Fund Company Profile

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.