WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Sees Large Drop in Short Interest

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 6,567 shares, a decrease of 49.1% from the June 30th total of 12,914 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 219,187 shares, the short-interest ratio is currently 0.0 days.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Performance

Shares of BATS:GDE opened at $60.41 on Wednesday. The company has a market capitalization of $311.11 million, a PE ratio of 25.53 and a beta of 1.00. The stock has a fifty day moving average of $63.71 and a 200-day moving average of $66.43. WisdomTree Efficient Gold Plus Equity Strategy Fund has a one year low of $47.30 and a one year high of $78.89.

Hedge Funds Weigh In On WisdomTree Efficient Gold Plus Equity Strategy Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Triumph Capital Management purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter worth about $26,000. Caitlin John LLC purchased a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the fourth quarter worth approximately $31,000. CENTRAL TRUST Co purchased a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the first quarter worth approximately $62,000. International Assets Investment Management LLC acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund during the first quarter valued at approximately $134,000. Finally, Osaic Holdings Inc. raised its holdings in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 47.9% during the second quarter. Osaic Holdings Inc. now owns 3,157 shares of the company’s stock valued at $149,000 after acquiring an additional 1,022 shares during the period.

About WisdomTree Efficient Gold Plus Equity Strategy Fund

The WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide leveraged exposure, in approximately equal proportion, to US-listed gold futures and US large-cap equities. GDE was launched on Mar 17, 2022 and is managed by WisdomTree.