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 recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 807,628 shares, a growth of 4,546.3% from the October 15th total of 17,382 shares. Based on an average trading volume of 308,736 shares, the days-to-cover ratio is presently 2.6 days. Currently, 7.0% of the company’s stock are sold short.

Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund

A number of hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in WisdomTree Continuous Commodity Index Fund in the second quarter valued at about $36,000. Fifth Third Bancorp bought a new position in WisdomTree Continuous Commodity Index Fund during the 1st quarter worth approximately $134,000. Fearless Solutions LLC dba Best Invest bought a new position in WisdomTree Continuous Commodity Index Fund during the 3rd quarter worth approximately $222,000. Oppenheimer & Co. Inc. bought a new position in WisdomTree Continuous Commodity Index Fund during the 3rd quarter worth approximately $347,000. Finally, Sigma Planning Corp grew its position in shares of WisdomTree Continuous Commodity Index Fund by 6.2% in 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.

WisdomTree Continuous Commodity Index Fund Price Performance

Shares of GCC stock opened at $18.83 on Thursday. WisdomTree Continuous Commodity Index Fund has a 1-year low of $18.59 and a 1-year high of $27.24. The firm has a fifty day moving average of $25.00 and a two-hundred day moving average of $24.39.

WisdomTree Continuous Commodity Index Fund Announces Dividend

The business also recently declared 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%.

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.