WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI) Sees Large Growth in Short Interest

WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 57,070 shares, an increase of 82.8% from the December 31st total of 31,213 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 112,570 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 112,570 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Trading of WisdomTree Equity Premium Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in WTPI. Comerica Bank purchased a new position in WisdomTree Equity Premium Income Fund during the third quarter worth about $33,000. Farther Finance Advisors LLC purchased a new position in shares of WisdomTree Equity Premium Income Fund during the 3rd quarter worth approximately $40,000. Triumph Capital Management purchased a new position in shares of WisdomTree Equity Premium Income Fund during the 3rd quarter worth approximately $47,000. REAP Financial Group LLC acquired a new stake in shares of WisdomTree Equity Premium Income Fund in the 3rd quarter valued at approximately $91,000. Finally, Concurrent Investment Advisors LLC acquired a new position in WisdomTree Equity Premium Income Fund during the third quarter worth $206,000.

WisdomTree Equity Premium Income Fund Trading Up 0.1%

WisdomTree Equity Premium Income Fund stock traded up $0.02 during midday trading on Friday, hitting $33.45. 53,610 shares of the company’s stock were exchanged, compared to its average volume of 131,019. WisdomTree Equity Premium Income Fund has a 12-month low of $27.00 and a 12-month high of $34.02. The firm’s 50 day simple moving average is $33.42 and its 200 day simple moving average is $33.14.

WisdomTree Equity Premium Income Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a $0.2521 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This is an increase from WisdomTree Equity Premium Income Fund’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

About WisdomTree Equity Premium Income Fund

The WisdomTree Equity Premium Income Fund (Ticker: WTPI) is an exchange-traded fund (ETF) managed by WisdomTree, Inc The fund seeks to provide investors with consistent income by selling put options bi-weekly on the S&P 500 Index, targeting a 2.5% premium. This strategy aims to capitalize on the volatility premium in the options market, potentially offering attractive income opportunities, especially in flat-to-down market conditions.