WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Sees Large Decline in Short Interest

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 5,420 shares, a decline of 84.3% from the June 15th total of 34,514 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 46,033 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree Continuous Commodity Index Fund Stock Down 0.1%

Shares of GCC traded down $0.02 during mid-day trading on Friday, hitting $23.62. 16,410 shares of the company’s stock were exchanged, compared to its average volume of 71,872. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $23.57. WisdomTree Continuous Commodity Index Fund has a fifty-two week low of $19.95 and a fifty-two week high of $26.50.

Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wright Wealth LLC acquired a new position in shares of WisdomTree Continuous Commodity Index Fund in the fourth quarter worth $6,156,000. Leo Wealth LLC raised its stake in shares of WisdomTree Continuous Commodity Index Fund by 75.0% in the fourth quarter. Leo Wealth LLC now owns 448,948 shares of the company’s stock valued at $9,499,000 after acquiring an additional 192,392 shares in the last quarter. LPL Financial LLC boosted its holdings in WisdomTree Continuous Commodity Index Fund by 138.0% in the fourth quarter. LPL Financial LLC now owns 255,484 shares of the company’s stock valued at $5,403,000 after purchasing an additional 148,131 shares during the period. von Borstel & Associates Inc. acquired a new position in WisdomTree Continuous Commodity Index Fund during the 3rd quarter worth $2,304,000. Finally, Kestra Advisory Services LLC grew its stake in WisdomTree Continuous Commodity Index Fund by 32.2% during the 4th quarter. Kestra Advisory Services LLC now owns 238,466 shares of the company’s stock worth $5,044,000 after purchasing an additional 58,143 shares in the last quarter.

WisdomTree Continuous Commodity Index Fund Company Profile

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.