WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 64,020 shares, a growth of 130.7% from the June 15th total of 27,752 shares. Based on an average daily trading volume, of 91,754 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.
WisdomTree Equity Premium Income Fund Stock Down 0.5%
NYSEARCA WTPI traded down $0.17 on Thursday, hitting $32.96. 20,992 shares of the company were exchanged, compared to its average volume of 106,368. WisdomTree Equity Premium Income Fund has a 1-year low of $31.04 and a 1-year high of $33.92. The firm has a 50 day moving average of $33.02 and a two-hundred day moving average of $33.04.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of WTPI. Synergy Investment Management LLC boosted its position in WisdomTree Equity Premium Income Fund by 4.4% in the 4th quarter. Synergy Investment Management LLC now owns 8,199 shares of the company’s stock valued at $271,000 after buying an additional 349 shares during the last quarter. Collaborative Wealth Managment Inc. raised its position in shares of WisdomTree Equity Premium Income Fund by 4.5% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 9,610 shares of the company’s stock worth $317,000 after acquiring an additional 410 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of WisdomTree Equity Premium Income Fund by 1.2% during the first quarter. Royal Bank of Canada now owns 47,173 shares of the company’s stock valued at $1,505,000 after acquiring an additional 565 shares during the period. Private Advisor Group LLC boosted its holdings in WisdomTree Equity Premium Income Fund by 3.5% in the first quarter. Private Advisor Group LLC now owns 22,148 shares of the company’s stock valued at $707,000 after acquiring an additional 746 shares during the last quarter. Finally, Founders Financial Alliance LLC boosted its holdings in WisdomTree Equity Premium Income Fund by 141.2% in the fourth quarter. Founders Financial Alliance LLC now owns 1,433 shares of the company’s stock valued at $47,000 after acquiring an additional 839 shares during the last quarter.
About WisdomTree Equity Premium Income Fund
The WisdomTree Equity Premium Income Fund (Ticker: WTPI) is an exchange-traded fund (ETF) managed by WisdomTree, Inc The fund seeks to provide investors with consistent income by selling put options bi-weekly on the S&P 500 Index, targeting a 2.5% premium. This strategy aims to capitalize on the volatility premium in the options market, potentially offering attractive income opportunities, especially in flat-to-down market conditions.
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