WisdomTree Bianco Total Return Fund (NASDAQ:WTBN) Sees Significant Drop in Short Interest

Posted by Amy Steele on Feb 13th, 2025

WisdomTree Bianco Total Return Fund (NASDAQ:WTBN – Get Free Report) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,100 shares, a drop of 43.2% from the January 15th total of 3,700 shares. Based on an average daily trading volume, of 31,100 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree Bianco Total Return Fund Trading Down 0.6 %

Shares of NASDAQ:WTBN opened at $24.87 on Thursday. The stock has a 50 day moving average of $24.98 and a 200 day moving average of $25.30. WisdomTree Bianco Total Return Fund has a 12-month low of $24.18 and a 12-month high of $25.99.

WisdomTree Bianco Total Return Fund Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were given a $0.1831 dividend. This is a positive change from WisdomTree Bianco Total Return Fund’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, December 31st.

Institutional Trading of WisdomTree Bianco Total Return Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Park Edge Advisors LLC boosted its holdings in WisdomTree Bianco Total Return Fund by 101.7% in the 4th quarter. Park Edge Advisors LLC now owns 127,050 shares of the company’s stock worth $3,153,000 after buying an additional 64,047 shares during the period. Thrivent Financial for Lutherans purchased a new position in shares of WisdomTree Bianco Total Return Fund in the fourth quarter valued at about $1,520,000. Finally, Lionsbridge Wealth Management LLC bought a new position in shares of WisdomTree Bianco Total Return Fund in the third quarter worth about $619,000.

About WisdomTree Bianco Total Return Fund

(Get Free Report)

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.