WisdomTree Target Range Fund (NASDAQ:GTR) Shares Shorted: Short Interest Down 37.4% in September

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 5,104 shares, a drop of 37.4% from the August 31st total of 8,154 shares. Based on an average daily trading volume, of 7,510 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of WisdomTree Target Range Fund

A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. grew its holdings in WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,360,343 shares of the company’s stock after acquiring an additional 127,779 shares during the period. Valmark Advisers Inc. owned about 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent filing with the Securities & Exchange Commission.

WisdomTree Target Range Fund Trading Up 0.7%

GTR stock opened at $27.42 on Friday. The business’s fifty day moving average price is $27.58 and its 200 day moving average price is $26.91. WisdomTree Target Range Fund has a 12-month low of $24.55 and a 12-month high of $27.96. The company has a market capitalization of $72.66 million, a PE ratio of 20.13 and a beta of 0.59.

About WisdomTree Target Range Fund

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.