WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Update

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,154 shares, an increase of 59.2% from the August 15th total of 5,123 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 4,375 shares, the days-to-cover ratio is presently 1.9 days.

WisdomTree Target Range Fund Stock Down 0.2%

NASDAQ GTR opened at $27.55 on Friday. WisdomTree Target Range Fund has a 52 week low of $24.55 and a 52 week high of $27.96. The firm has a market capitalization of $72.17 million, a P/E ratio of 20.13 and a beta of 0.59. The company has a 50-day moving average price of $27.51 and a 200-day moving average price of $26.78.

Institutional Trading of WisdomTree Target Range Fund

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

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.