WisdomTree Bianco Total Return Fund (NASDAQ:WTBN – Get Free Report) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,036 shares, a drop of 56.8% from the August 15th total of 16,305 shares. Based on an average trading volume of 9,333 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in shares of WisdomTree Bianco Total Return Fund during the 2nd quarter worth approximately $62,000. &PARTNERS grew its holdings in WisdomTree Bianco Total Return Fund by 3.1% in the fourth quarter. &PARTNERS now owns 256,319 shares of the company’s stock worth $6,525,000 after purchasing an additional 7,621 shares during the last quarter. Royal Bank of Canada acquired a new position in shares of WisdomTree Bianco Total Return Fund during the fourth quarter worth $1,147,000. Jane Street Group LLC acquired a new position in WisdomTree Bianco Total Return Fund during the 4th quarter valued at about $251,000. Finally, Raymond James Financial Inc. purchased a new stake in WisdomTree Bianco Total Return Fund in the third quarter valued at about $205,000.
WisdomTree Bianco Total Return Fund Trading Up 0.0%
Shares of NASDAQ WTBN traded up $0.01 during mid-day trading on Monday, reaching $24.41. 1,263 shares of the company were exchanged, compared to its average volume of 15,634. WisdomTree Bianco Total Return Fund has a 1 year low of $24.34 and a 1 year high of $26.00. The firm has a 50-day moving average of $24.78 and a 200 day moving average of $25.11.
WisdomTree Bianco Total Return Fund Company Profile
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.
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