WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 34,158 shares, a drop of 15.2% from the March 15th total of 40,272 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,538 shares, the short-interest ratio is presently 0.7 days.
WisdomTree Continuous Commodity Index Fund Trading Down 1.4%
Shares of WisdomTree Continuous Commodity Index Fund stock traded down $0.35 on Friday, hitting $24.40. 49,713 shares of the company traded hands, compared to its average volume of 93,613. WisdomTree Continuous Commodity Index Fund has a 52 week low of $18.75 and a 52 week high of $24.86. The business has a 50-day simple moving average of $23.47 and a 200 day simple moving average of $22.18.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Aptus Capital Advisors LLC purchased a new position in shares of WisdomTree Continuous Commodity Index Fund in the fourth quarter valued at $34,000. Flagship Harbor Advisors LLC purchased a new position in shares of WisdomTree Continuous Commodity Index Fund in the fourth quarter valued at $39,000. Comerica Bank grew its holdings in shares of WisdomTree Continuous Commodity Index Fund by 32.2% in the fourth quarter. Comerica Bank now owns 3,165 shares of the company’s stock valued at $67,000 after purchasing an additional 770 shares in the last quarter. Frazier Financial Advisors LLC grew its holdings in shares of WisdomTree Continuous Commodity Index Fund by 367.5% in the third quarter. Frazier Financial Advisors LLC now owns 3,530 shares of the company’s stock valued at $76,000 after purchasing an additional 2,775 shares in the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of WisdomTree Continuous Commodity Index Fund by 7.9% in the fourth quarter. Merit Financial Group LLC now owns 10,740 shares of the company’s stock valued at $227,000 after purchasing an additional 788 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.
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