WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Sees Large Growth in Short Interest

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 6,774 shares, a growth of 325.8% from the February 12th total of 1,591 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 11,116 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 11,116 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

WisdomTree Bianco Total Return Fund Price Performance

WTBN stock opened at $25.34 on Friday. The firm has a 50 day simple moving average of $25.56 and a two-hundred day simple moving average of $25.65. WisdomTree Bianco Total Return Fund has a one year low of $24.56 and a one year high of $26.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in WisdomTree Bianco Total Return Fund during the second quarter worth about $62,000. Raymond James Financial Inc. purchased a new position in shares of WisdomTree Bianco Total Return Fund during the third quarter worth approximately $205,000. Jane Street Group LLC purchased a new position in shares of WisdomTree Bianco Total Return Fund during the fourth quarter worth approximately $251,000. Steward Partners Investment Advisory LLC boosted its stake in shares of WisdomTree Bianco Total Return Fund by 14,761.0% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 14,861 shares of the company’s stock valued at $378,000 after purchasing an additional 14,761 shares in the last quarter. Finally, Hilltop National Bank purchased a new stake in shares of WisdomTree Bianco Total Return Fund in the 4th quarter valued at $588,000.

About WisdomTree Bianco Total Return Fund

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.