WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Sees Large Decrease in Short Interest

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 12,594 shares, a decline of 49.5% from the May 31st total of 24,935 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average trading volume of 55,219 shares, the days-to-cover ratio is currently 0.2 days.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Trading Down 2.7%

GDMN opened at $72.74 on Tuesday. The company’s fifty day moving average price is $91.19 and its two-hundred day moving average price is $103.30. The company has a market cap of $54.55 million, a price-to-earnings ratio of 23.21 and a beta of 0.60. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a 1-year low of $48.01 and a 1-year high of $147.27.

Institutional Trading of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

A hedge fund recently bought a new position in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund stock. Team Financial Group LLC bought a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 875 shares of the company’s stock, valued at approximately $89,000. Team Financial Group LLC owned approximately 0.12% of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund as of its most recent SEC filing.

About WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that provides concentrated exposure to gold in both equity and commodity forms. The fund invests in gold mining companies globally and US-listed gold futures. GDMN was launched on Dec 16, 2021 and is managed by WisdomTree.