WisdomTree Equity Premium Income Fund (NYSEARCA:WTPI – Get Free Report) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 10,071 shares, a decrease of 77.4% from the March 15th total of 44,595 shares. Based on an average daily volume of 115,074 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
WisdomTree Equity Premium Income Fund Price Performance
NYSEARCA:WTPI traded up $0.01 during mid-day trading on Friday, hitting $32.65. 96,605 shares of the company’s stock traded hands, compared to its average volume of 123,277. The firm has a 50 day moving average of $32.87 and a two-hundred day moving average of $33.21. WisdomTree Equity Premium Income Fund has a 12 month low of $29.12 and a 12 month high of $33.92.
Hedge Funds Weigh In On WisdomTree Equity Premium Income Fund
Large investors have recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new position in WisdomTree Equity Premium Income Fund in the 4th quarter valued at approximately $30,000. Comerica Bank acquired a new position in WisdomTree Equity Premium Income Fund in the 3rd quarter valued at approximately $33,000. Farther Finance Advisors LLC acquired a new position in WisdomTree Equity Premium Income Fund in the 3rd quarter valued at approximately $40,000. International Assets Investment Management LLC acquired a new position in WisdomTree Equity Premium Income Fund in the 4th quarter valued at approximately $41,000. Finally, Triumph Capital Management acquired a new position in WisdomTree Equity Premium Income Fund in the 3rd quarter valued at approximately $47,000.
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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