WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Short Interest Up 1,981.5% in August

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 639,637 shares, a growth of 1,981.5% from the August 15th total of 30,729 shares. Approximately 5.7% of the company’s shares are sold short. Based on an average daily trading volume, of 109,639 shares, the short-interest ratio is presently 5.8 days.

WisdomTree Continuous Commodity Index Fund Price Performance

Shares of GCC stock traded down $0.22 during mid-day trading on Friday, reaching $26.91. The stock had a trading volume of 32,507 shares, compared to its average volume of 70,155. The stock’s 50-day moving average price is $25.12 and its two-hundred day moving average price is $24.53. WisdomTree Continuous Commodity Index Fund has a 52-week low of $20.03 and a 52-week high of $27.18.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Wright Wealth LLC bought a new stake in shares of WisdomTree Continuous Commodity Index Fund during the 4th quarter valued at about $6,156,000. LPL Financial LLC raised its stake in WisdomTree Continuous Commodity Index Fund by 138.0% in the fourth quarter. LPL Financial LLC now owns 255,484 shares of the company’s stock worth $5,403,000 after buying an additional 148,131 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in WisdomTree Continuous Commodity Index Fund by 32.2% in the fourth quarter. Kestra Advisory Services LLC now owns 238,466 shares of the company’s stock worth $5,044,000 after buying an additional 58,143 shares during the period. Gateway Wealth Partners LLC purchased a new stake in WisdomTree Continuous Commodity Index Fund in the first quarter worth about $1,136,000. Finally, Flow Traders U.S. LLC bought a new stake in WisdomTree Continuous Commodity Index Fund during the 3rd quarter valued at approximately $981,000.

WisdomTree Continuous Commodity Index Fund Company Profile

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.