WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) Sees Large Increase in Short Interest

WisdomTree Continuous Commodity Index Fund (NYSEARCA:GCC) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 639,637 shares, a growth of 1,981.5% from the August 15th total of 30,729 shares. Currently, 5.7% of the shares of the company are short sold. Based on an average trading volume of 109,639 shares, the days-to-cover ratio is presently 5.8 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in GCC. Aptus Capital Advisors LLC purchased a new stake in WisdomTree Continuous Commodity Index Fund in the 4th quarter worth approximately $34,000. Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree Continuous Commodity Index Fund in the second quarter worth approximately $36,000. Comerica Bank increased its stake in shares of WisdomTree Continuous Commodity Index Fund by 32.2% in the fourth quarter. Comerica Bank now owns 3,165 shares of the company’s stock worth $67,000 after purchasing an additional 770 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of WisdomTree Continuous Commodity Index Fund during the 1st quarter valued at $134,000. Finally, MML Investors Services LLC lifted its stake in shares of WisdomTree Continuous Commodity Index Fund by 20.6% during the 4th quarter. MML Investors Services LLC now owns 13,139 shares of the company’s stock valued at $278,000 after buying an additional 2,242 shares in the last quarter.

WisdomTree Continuous Commodity Index Fund Trading Up 0.1%

Shares of NYSEARCA:GCC traded up $0.02 during midday trading on Thursday, hitting $27.13. The company had a trading volume of 24,173 shares, compared to its average volume of 70,373. WisdomTree Continuous Commodity Index Fund has a 12-month low of $20.03 and a 12-month high of $27.18. The company has a fifty day moving average of $24.94 and a two-hundred day moving average of $24.48.

About WisdomTree Continuous Commodity Index Fund

The WisdomTree Enhanced Commodity Strategy Fund (GCC) is an exchange-traded fund that mostly invests in broad market commodities. The fund is a long-only commodity strategy providing actively-managed exposure to four broad commodity sectors: Energy, Agriculture, Industrial Metals, and Precious Metals via related futures contracts. GCC was launched on Jan 24, 2008 and is managed by WisdomTree.