Short Interest in WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Drops By 63.3%

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 24,822 shares, a decline of 63.3% from the May 14th total of 67,702 shares. Based on an average daily volume of 40,826 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of WisdomTree Continuous Commodity Index Fund

Several hedge funds have recently added to or reduced their stakes in the stock. Cerity Partners LLC raised its position in WisdomTree Continuous Commodity Index Fund by 3.2% in the fourth quarter. Cerity Partners LLC now owns 21,015 shares of the company’s stock worth $444,000 after acquiring an additional 657 shares during the period. Comerica Bank raised its position in WisdomTree Continuous Commodity Index Fund by 32.2% in the fourth quarter. Comerica Bank now owns 3,165 shares of the company’s stock worth $67,000 after acquiring an additional 770 shares during the period. Merit Financial Group LLC raised its position in WisdomTree Continuous Commodity Index Fund by 7.9% in the fourth 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 period. Stifel Financial Corp raised its position in WisdomTree Continuous Commodity Index Fund by 4.4% in the fourth quarter. Stifel Financial Corp now owns 22,213 shares of the company’s stock worth $470,000 after acquiring an additional 940 shares during the period. Finally, Aptus Capital Advisors LLC bought a new stake in WisdomTree Continuous Commodity Index Fund in the fourth quarter worth about $34,000.

WisdomTree Continuous Commodity Index Fund Stock Down 0.7%

WisdomTree Continuous Commodity Index Fund stock traded down $0.17 during midday trading on Friday, hitting $23.78. 23,645 shares of the stock were exchanged, compared to its average volume of 76,325. WisdomTree Continuous Commodity Index Fund has a 52-week low of $19.80 and a 52-week high of $26.50. The business’s 50-day moving average price is $24.91 and its 200-day moving average price is $23.26.

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.