WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Short Interest Down 93.3% in December

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 2,500 shares, a drop of 93.3% from the December 15th total of 37,194 shares. Based on an average daily volume of 11,791 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 11,791 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. bought a new stake in shares of WisdomTree Bianco Total Return Fund during the 2nd quarter valued at about $62,000. Raymond James Financial Inc. bought a new stake in WisdomTree Bianco Total Return Fund in the third quarter worth approximately $205,000. Steward Partners Investment Advisory LLC lifted its stake in WisdomTree Bianco Total Return Fund by 14,761.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 14,861 shares of the company’s stock valued at $378,000 after buying an additional 14,761 shares during the period. Hilltop National Bank bought a new position in shares of WisdomTree Bianco Total Return Fund during the 4th quarter worth approximately $588,000. Finally, Lionsbridge Wealth Management LLC grew its position in shares of WisdomTree Bianco Total Return Fund by 336.8% during the 2nd quarter. Lionsbridge Wealth Management LLC now owns 90,479 shares of the company’s stock worth $2,303,000 after buying an additional 69,767 shares during the period.

WisdomTree Bianco Total Return Fund Stock Down 0.1%

NASDAQ:WTBN traded down $0.03 during trading hours on Monday, hitting $25.51. 5,236 shares of the company were exchanged, compared to its average volume of 24,377. WisdomTree Bianco Total Return Fund has a one year low of $24.50 and a one year high of $26.00. The company has a fifty day simple moving average of $25.65 and a 200 day simple moving average of $25.60.

WisdomTree Bianco Total Return Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Wednesday, December 10th were given a $0.003 dividend. The ex-dividend date was Wednesday, December 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%.

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.