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

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

WisdomTree Bianco Total Return Fund Stock Performance

Shares of WTBN stock traded down $0.06 during midday trading on Tuesday, hitting $25.18. 417 shares of the company were exchanged, compared to its average volume of 4,138. WisdomTree Bianco Total Return Fund has a 52 week low of $24.18 and a 52 week high of $25.99. The firm’s 50 day moving average price is $25.54 and its two-hundred day moving average price is $25.15.

WisdomTree Bianco Total Return Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 30th. Shareholders of record on Monday, October 28th were issued a $0.05 dividend. The ex-dividend date was Monday, October 28th.

Institutional Inflows and Outflows

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) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 63,003 shares of the company’s stock, valued at approximately $1,620,000. Park Edge Advisors LLC owned approximately 17.50% of WisdomTree Bianco Total Return Fund as of its most recent SEC filing.

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.