WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Short Interest Down 51.6% in April

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 5,025 shares, a drop of 51.6% from the April 15th total of 10,385 shares. Based on an average trading volume of 156,552 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Performance

Shares of GDE opened at $67.92 on Friday. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 52-week low of $43.51 and a 52-week high of $78.89. The business’s fifty day moving average is $66.56 and its 200-day moving average is $65.08. The firm has a market cap of $349.79 million, a price-to-earnings ratio of 25.53 and a beta of 1.00.

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

Several hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 15,901 shares of the company’s stock valued at $913,000 after purchasing an additional 179 shares during the last quarter. Royal Bank of Canada increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.7% in the 1st quarter. Royal Bank of Canada now owns 16,674 shares of the company’s stock valued at $684,000 after purchasing an additional 277 shares during the last quarter. Triumph Capital Management bought a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter valued at $26,000. Geneos Wealth Management Inc. increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 14.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,779 shares of the company’s stock valued at $233,000 after purchasing an additional 488 shares during the last quarter. Finally, Caitlin John LLC bought a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter valued at $31,000.

WisdomTree Efficient Gold Plus Equity Strategy Fund Company Profile

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.