WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Stock Short Interest Declines 75.8%

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 17,382 shares, a drop of 75.8% from the September 30th total of 71,738 shares. Based on an average daily trading volume, of 42,555 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On WisdomTree Continuous Commodity Index Fund

A number of large investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. bought a new position in shares of WisdomTree Continuous Commodity Index Fund during the 3rd quarter valued at $347,000. Leo Wealth LLC bought a new stake in shares of WisdomTree Continuous Commodity Index Fund in the third quarter worth $1,820,000. Sigma Planning Corp bought a new stake in shares of WisdomTree Continuous Commodity Index Fund in the third quarter worth $803,000. Fearless Solutions LLC dba Best Invest bought a new stake in shares of WisdomTree Continuous Commodity Index Fund in the third quarter worth $222,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in WisdomTree Continuous Commodity Index Fund during the third quarter valued at $1,017,000.

WisdomTree Continuous Commodity Index Fund Price Performance

GCC traded up $0.16 during midday trading on Wednesday, hitting $20.12. 514,882 shares of the company traded hands, compared to its average volume of 76,480. The company’s 50-day moving average is $26.51 and its 200 day moving average is $24.56. WisdomTree Continuous Commodity Index Fund has a 52 week low of $19.93 and a 52 week high of $27.24.

WisdomTree Continuous Commodity Index Fund Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Thursday, October 29th. Investors of record on Tuesday, October 27th will be given a dividend of $6.4525 per share. The ex-dividend date is Tuesday, October 27th. This represents a yield of 6,465.0%.

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.