WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Shares Shorted: Short Interest Up 4,546.3% in October

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 807,628 shares, an increase of 4,546.3% from the October 15th total of 17,382 shares. Approximately 7.0% of the company’s stock are sold short. Based on an average daily volume of 308,736 shares, the days-to-cover ratio is presently 2.6 days.

WisdomTree Continuous Commodity Index Fund Stock Down 0.9%

Shares of GCC opened at $18.72 on Wednesday. WisdomTree Continuous Commodity Index Fund has a fifty-two week low of $18.59 and a fifty-two week high of $27.24. The firm’s 50 day moving average price is $25.16 and its 200 day moving average price is $24.41.

WisdomTree Continuous Commodity Index Fund Dividend Announcement

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

Institutional Trading of WisdomTree Continuous Commodity Index Fund

Hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new position in shares of WisdomTree Continuous Commodity Index Fund in the 2nd quarter valued at about $36,000. Fifth Third Bancorp purchased a new position in WisdomTree Continuous Commodity Index Fund in the first quarter worth approximately $134,000. Fearless Solutions LLC dba Best Invest purchased a new position in WisdomTree Continuous Commodity Index Fund in the third quarter worth approximately $222,000. Oppenheimer & Co. Inc. purchased a new position in WisdomTree Continuous Commodity Index Fund in the third quarter worth approximately $347,000. Finally, Sigma Planning Corp grew its holdings in WisdomTree Continuous Commodity Index Fund by 6.2% during the 1st quarter. Sigma Planning Corp now owns 30,140 shares of the company’s stock worth $722,000 after acquiring an additional 1,761 shares in the last quarter.

About WisdomTree Continuous Commodity Index Fund

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.