Short Interest in WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Grows By 96.9%

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 7,499 shares, a growth of 96.9% from the May 14th total of 3,808 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 54,518 shares, the days-to-cover ratio is currently 0.1 days.

WisdomTree Bianco Total Return Fund Stock Up 0.3%

NASDAQ:WTBN opened at $25.24 on Tuesday. WisdomTree Bianco Total Return Fund has a fifty-two week low of $24.92 and a fifty-two week high of $26.00. The firm’s 50 day moving average is $25.24 and its two-hundred day moving average is $25.43.

Hedge Funds Weigh In On WisdomTree Bianco Total Return Fund

A number of large investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans raised its stake in shares of WisdomTree Bianco Total Return Fund by 7.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,937,278 shares of the company’s stock valued at $49,372,000 after acquiring an additional 134,660 shares during the period. &PARTNERS raised its stake in shares of WisdomTree Bianco Total Return Fund by 3.1% in the 4th quarter. &PARTNERS now owns 256,319 shares of the company’s stock valued at $6,525,000 after acquiring an additional 7,621 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of WisdomTree Bianco Total Return Fund by 11.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 242,658 shares of the company’s stock valued at $6,228,000 after acquiring an additional 25,037 shares during the period. Park Edge Advisors LLC raised its stake in shares of WisdomTree Bianco Total Return Fund by 31.6% in the 1st quarter. Park Edge Advisors LLC now owns 227,549 shares of the company’s stock valued at $5,756,000 after acquiring an additional 54,664 shares during the period. Finally, Sanchez Wealth Management Group purchased a new position in shares of WisdomTree Bianco Total Return Fund in the 4th quarter valued at $4,302,000.

About WisdomTree Bianco Total Return Fund

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. WTBN was launched on Dec 20, 2023 and is issued by WisdomTree.