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

WisdomTree Target Range Fund (NASDAQ:GTR) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 6,700 shares, a decrease of 5.6% from the December 15th total of 7,100 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 1.2 days.

WisdomTree Target Range Fund Stock Performance

GTR stock opened at $23.89 on Friday. The business’s 50-day moving average is $24.53 and its two-hundred day moving average is $24.42. The company has a market cap of $58.53 million, a price-to-earnings ratio of 1.57 and a beta of 0.50. WisdomTree Target Range Fund has a fifty-two week low of $22.45 and a fifty-two week high of $25.64.

WisdomTree Target Range Fund Cuts Dividend

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

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.