WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 99,305 shares, an increase of 886.0% from the March 31st total of 10,071 shares. Based on an average daily volume of 85,186 shares, the short-interest ratio is currently 1.2 days. Approximately 0.7% of the shares of the company are short sold.
Institutional Trading of WisdomTree Equity Premium Income Fund
A number of hedge funds have recently bought and sold shares of the stock. Maridea Wealth Management LLC bought a new stake in WisdomTree Equity Premium Income Fund in the 1st quarter valued at $495,000. Kestra Private Wealth Services LLC bought a new stake in WisdomTree Equity Premium Income Fund in the 1st quarter valued at $222,000. Tactive Advisors LLC boosted its holdings in WisdomTree Equity Premium Income Fund by 20.9% in the 1st quarter. Tactive Advisors LLC now owns 9,502 shares of the company’s stock valued at $303,000 after purchasing an additional 1,645 shares during the period. Rockefeller Capital Management L.P. bought a new stake in WisdomTree Equity Premium Income Fund in the 4th quarter valued at $811,000. Finally, Compass Financial Services Inc boosted its holdings in WisdomTree Equity Premium Income Fund by 8.9% in the 4th quarter. Compass Financial Services Inc now owns 147,838 shares of the company’s stock valued at $4,882,000 after purchasing an additional 12,034 shares during the period.
WisdomTree Equity Premium Income Fund Price Performance
WisdomTree Equity Premium Income Fund stock traded up $0.11 during mid-day trading on Friday, reaching $33.05. The company had a trading volume of 63,784 shares, compared to its average volume of 120,191. WisdomTree Equity Premium Income Fund has a 52 week low of $30.40 and a 52 week high of $33.92. The company has a 50 day moving average of $32.77 and a 200-day moving average of $33.19.
About WisdomTree Equity Premium Income Fund
The WisdomTree Equity Premium Income Fund (Ticker: WTPI) is an exchange-traded fund (ETF) managed by WisdomTree, Inc The fund seeks to provide investors with consistent income by selling put options bi-weekly on the S&P 500 Index, targeting a 2.5% premium. This strategy aims to capitalize on the volatility premium in the options market, potentially offering attractive income opportunities, especially in flat-to-down market conditions.
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