WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Short Interest Down 43.2% in January

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 2,100 shares, a drop of 43.2% from the January 15th total of 3,700 shares. Based on an average daily volume of 31,100 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree Bianco Total Return Fund Trading Down 0.6 %

Shares of NASDAQ WTBN opened at $24.87 on Thursday. The firm’s 50 day moving average price is $24.98 and its 200-day moving average price is $25.30. WisdomTree Bianco Total Return Fund has a 52-week low of $24.18 and a 52-week high of $25.99.

WisdomTree Bianco Total Return Fund Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were given a $0.1831 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This is a boost from WisdomTree Bianco Total Return Fund’s previous dividend of $0.06.

Institutional Trading of WisdomTree Bianco Total Return Fund

A number of institutional investors and hedge funds have recently modified their holdings of WTBN. Thrivent Financial for Lutherans bought a new position in shares of WisdomTree Bianco Total Return Fund during the fourth quarter valued at $1,520,000. Park Edge Advisors LLC raised its position in WisdomTree Bianco Total Return Fund by 101.7% in the 4th quarter. Park Edge Advisors LLC now owns 127,050 shares of the company’s stock worth $3,153,000 after buying an additional 64,047 shares during the last quarter. Finally, Lionsbridge Wealth Management LLC bought a new position in WisdomTree Bianco Total Return Fund during the 3rd quarter valued at about $619,000.

WisdomTree Bianco Total Return Fund Company Profile

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.