WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Short Interest Down 71.0% in October

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 900 shares, a decline of 71.0% from the October 15th total of 3,100 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On WisdomTree Bianco Total Return Fund

An institutional investor recently bought a new position in WisdomTree Bianco Total Return Fund stock. Park Edge Advisors LLC acquired a new position in WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 63,003 shares of the company’s stock, valued at approximately $1,620,000. Park Edge Advisors LLC owned 17.50% of WisdomTree Bianco Total Return Fund at the end of the most recent reporting period.

WisdomTree Bianco Total Return Fund Price Performance

Shares of WTBN stock traded down $0.06 during trading hours on Tuesday, hitting $25.18. 417 shares of the company’s stock traded hands, compared to its average volume of 4,138. The stock’s 50 day simple moving average is $25.54 and its 200 day simple moving average is $25.15. WisdomTree Bianco Total Return Fund has a 12 month low of $24.18 and a 12 month high of $25.99.

WisdomTree Bianco Total Return Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 30th. Investors of record on Monday, October 28th were given a dividend of $0.05 per share. The ex-dividend date was Monday, October 28th.

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.