WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Short Interest Update

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 3,808 shares, a decrease of 36.2% from the April 30th total of 5,972 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 34,123 shares, the short-interest ratio is presently 0.1 days.

WisdomTree Bianco Total Return Fund Stock Performance

Shares of WTBN stock opened at $25.22 on Wednesday. The company’s 50-day simple moving average is $25.26 and its two-hundred day simple moving average is $25.48. WisdomTree Bianco Total Return Fund has a one year low of $24.92 and a one year high of $26.00.

Institutional Investors Weigh In On WisdomTree Bianco Total Return Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of WTBN. JPMorgan Chase & Co. purchased a new stake in WisdomTree Bianco Total Return Fund during the second quarter valued at approximately $62,000. Thrivent Financial for Lutherans purchased a new stake in WisdomTree Bianco Total Return Fund during the third quarter valued at approximately $46,264,000. Envestnet Asset Management Inc. raised its holdings in shares of WisdomTree Bianco Total Return Fund by 11.5% in the third quarter. Envestnet Asset Management Inc. now owns 242,658 shares of the company’s stock worth $6,228,000 after buying an additional 25,037 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of WisdomTree Bianco Total Return Fund during the third quarter worth $205,000. Finally, Hilltop National Bank acquired a new stake in shares of WisdomTree Bianco Total Return Fund during the fourth quarter worth $588,000.

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.