WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Shares Shorted: Short Interest Up 131.0% in October

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 15,479 shares, an increase of 131.0% from the September 30th total of 6,702 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 24,615 shares, the short-interest ratio is presently 0.6 days.

WisdomTree Bianco Total Return Fund Price Performance

Shares of WTBN stock opened at $24.35 on Friday. WisdomTree Bianco Total Return Fund has a one year low of $23.85 and a one year high of $25.90. The company’s 50-day moving average is $24.32 and its 200 day moving average is $25.01.

Hedge Funds Weigh In On WisdomTree Bianco Total Return Fund

An institutional investor recently bought a new stake in WisdomTree Bianco Total Return Fund stock. Western Wealth Management LLC bought a new stake in shares of WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,266 shares of the company’s stock, valued at approximately $260,000. Western Wealth Management LLC owned 0.26% of WisdomTree Bianco Total Return Fund as of its most recent filing with the Securities and Exchange Commission.

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.