WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Sees Significant Increase in Short Interest

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 37,194 shares, an increase of 684.4% from the November 30th total of 4,742 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 13,898 shares, the short-interest ratio is currently 2.7 days. Based on an average daily trading volume, of 13,898 shares, the short-interest ratio is currently 2.7 days. Currently, 1.2% of the company’s stock are short sold.

WisdomTree Bianco Total Return Fund Stock Up 0.1%

Shares of NASDAQ WTBN traded up $0.04 during midday trading on Wednesday, reaching $25.68. 6,172 shares of the company’s stock were exchanged, compared to its average volume of 11,710. WisdomTree Bianco Total Return Fund has a 52-week low of $24.50 and a 52-week high of $26.00. The business’s fifty day moving average price is $25.74 and its two-hundred day moving average price is $25.57.

WisdomTree Bianco Total Return Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.003 per share. The ex-dividend date was Wednesday, December 10th. This represents a c) annualized dividend and a yield of 0.1%.

Hedge Funds Weigh In On WisdomTree Bianco Total Return Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Thrivent Financial for Lutherans bought a new position in WisdomTree Bianco Total Return Fund during the 3rd quarter valued at $46,264,000. Envestnet Asset Management Inc. raised its stake in shares of WisdomTree Bianco Total Return Fund by 11.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 242,658 shares of the company’s stock valued at $6,228,000 after purchasing an additional 25,037 shares in the last quarter. Park Edge Advisors LLC raised its stake in shares of WisdomTree Bianco Total Return Fund by 8.4% in the 3rd quarter. Park Edge Advisors LLC now owns 169,584 shares of the company’s stock valued at $4,352,000 after purchasing an additional 13,126 shares in the last quarter. Lionsbridge Wealth Management LLC lifted its position in shares of WisdomTree Bianco Total Return Fund by 336.8% during the second quarter. Lionsbridge Wealth Management LLC now owns 90,479 shares of the company’s stock worth $2,303,000 after purchasing an additional 69,767 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in WisdomTree Bianco Total Return Fund by 14,761.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 14,861 shares of the company’s stock worth $378,000 after purchasing an additional 14,761 shares in the last quarter.

WisdomTree Bianco Total Return Fund Company Profile

The WisdomTree Bianco Total Return Fund (WTBN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a passively managed fund-of-funds, aiming to outperform index-based core fixed income ETFs. The underlying index is constructed utilizing fundamental, rules-based research to select and weight components among broad fixed income exposure globally. WTBN was launched on Dec 20, 2023 and is issued by WisdomTree.