WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 27,572 shares, a growth of 139.2% from the August 15th total of 11,528 shares. Based on an average trading volume of 121,069 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.
Hedge Funds Weigh In On WisdomTree Equity Premium Income Fund
A number of institutional investors and hedge funds have recently bought and sold shares of WTPI. Highland Investment Advisors LLC bought a new stake in shares of WisdomTree Equity Premium Income Fund during the 2nd quarter worth about $26,000. Allworth Financial LP bought a new position in shares of WisdomTree Equity Premium Income Fund in the fourth quarter valued at approximately $30,000. Comerica Bank bought a new position in shares of WisdomTree Equity Premium Income Fund in the third quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of WisdomTree Equity Premium Income Fund during the second quarter valued at approximately $34,000. Finally, International Assets Investment Management LLC acquired a new position in shares of WisdomTree Equity Premium Income Fund during the fourth quarter valued at approximately $41,000.
WisdomTree Equity Premium Income Fund Trading Up 0.6%
Shares of NYSEARCA:WTPI traded up $0.20 on Friday, hitting $32.93. The company’s stock had a trading volume of 89,570 shares, compared to its average volume of 105,966. WisdomTree Equity Premium Income Fund has a 12 month low of $31.04 and a 12 month high of $33.92. The stock’s 50-day moving average is $33.06 and its two-hundred day moving average is $32.93.
WisdomTree Equity Premium Income Fund Company Profile
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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