WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Down 93.5% in October

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 300 shares, a drop of 93.5% from the September 30th total of 4,600 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is currently 0.1 days.

WisdomTree Target Range Fund Trading Down 0.3 %

GTR stock traded down $0.07 during trading on Friday, hitting $24.64. 2,396 shares of the company’s stock were exchanged, compared to its average volume of 5,634. The stock has a market capitalization of $62.83 million, a price-to-earnings ratio of 1.57 and a beta of 0.50. WisdomTree Target Range Fund has a 52-week low of $20.52 and a 52-week high of $25.19. The business has a 50-day moving average price of $24.54 and a two-hundred day moving average price of $24.00.

WisdomTree Target Range Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Wednesday, September 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.