WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 639,637 shares, an increase of 1,981.5% from the August 15th total of 30,729 shares. Approximately 5.7% of the company’s stock are sold short. Based on an average trading volume of 109,639 shares, the short-interest ratio is currently 5.8 days.
WisdomTree Continuous Commodity Index Fund Stock Up 0.1%
Shares of WisdomTree Continuous Commodity Index Fund stock traded up $0.02 on Thursday, reaching $27.13. The company’s stock had a trading volume of 24,173 shares, compared to its average volume of 70,373. WisdomTree Continuous Commodity Index Fund has a 52 week low of $20.03 and a 52 week high of $27.18. The firm’s fifty day simple moving average is $24.94 and its two-hundred day simple moving average is $24.48.
Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund
Institutional investors and hedge funds have recently modified their holdings of the company. Aptus Capital Advisors LLC bought a new position in WisdomTree Continuous Commodity Index Fund in the fourth quarter valued at about $34,000. Integrated Wealth Concepts LLC bought a new stake in shares of WisdomTree Continuous Commodity Index Fund during the 2nd quarter valued at about $36,000. Comerica Bank increased its position in shares of WisdomTree Continuous Commodity Index Fund by 32.2% during the 4th quarter. Comerica Bank now owns 3,165 shares of the company’s stock valued at $67,000 after purchasing an additional 770 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of WisdomTree Continuous Commodity Index Fund during the 1st quarter valued at about $134,000. Finally, MML Investors Services LLC lifted its stake in shares of WisdomTree Continuous Commodity Index Fund by 20.6% in the 4th quarter. MML Investors Services LLC now owns 13,139 shares of the company’s stock worth $278,000 after purchasing an additional 2,242 shares during the period.
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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