WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Short Interest Up 496.7% in January

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 80,793 shares, a growth of 496.7% from the December 31st total of 13,539 shares. Based on an average trading volume of 65,540 shares, the short-interest ratio is currently 1.2 days. Approximately 0.9% of the company’s stock are short sold. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 65,540 shares, the short-interest ratio is currently 1.2 days.

WisdomTree Continuous Commodity Index Fund Stock Performance

Shares of GCC opened at $23.76 on Wednesday. WisdomTree Continuous Commodity Index Fund has a fifty-two week low of $17.70 and a fifty-two week high of $23.94. The firm’s 50-day simple moving average is $21.52 and its two-hundred day simple moving average is $21.06.

WisdomTree Continuous Commodity Index Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 26th were issued a $0.3191 dividend. This represents a yield of 295.0%. The ex-dividend date of this dividend was Friday, December 26th.

Hedge Funds Weigh In On WisdomTree Continuous Commodity Index Fund

A number of hedge funds have recently bought and sold shares of GCC. Flagship Harbor Advisors LLC bought a new stake in WisdomTree Continuous Commodity Index Fund during the 4th quarter valued at about $39,000. Frazier Financial Advisors LLC increased its position in shares of WisdomTree Continuous Commodity Index Fund by 367.5% during the third quarter. Frazier Financial Advisors LLC now owns 3,530 shares of the company’s stock valued at $76,000 after acquiring an additional 2,775 shares in the last quarter. Merit Financial Group LLC raised its holdings in WisdomTree Continuous Commodity Index Fund by 7.9% in the 4th quarter. Merit Financial Group LLC now owns 10,740 shares of the company’s stock worth $227,000 after acquiring an additional 788 shares during the last quarter. XY Planning Network Inc. bought a new position in WisdomTree Continuous Commodity Index Fund in the 4th quarter valued at approximately $362,000. Finally, Raymond James Financial Inc. boosted its stake in WisdomTree Continuous Commodity Index Fund by 99.8% during the 2nd quarter. Raymond James Financial Inc. now owns 21,450 shares of the company’s stock valued at $427,000 after purchasing an additional 10,712 shares during 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.