Short Interest in WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Drops By 49.1%

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

WisdomTree Efficient Gold Plus Equity Strategy Fund Trading Down 0.8%

Shares of BATS:GDE opened at $59.90 on Thursday. The company has a market capitalization of $308.49 million, a PE ratio of 25.53 and a beta of 1.00. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 12-month low of $47.30 and a 12-month high of $78.89. The business’s fifty day simple moving average is $63.54 and its 200-day simple moving average is $66.40.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.7% during the first quarter. Royal Bank of Canada now owns 16,674 shares of the company’s stock valued at $684,000 after buying an additional 277 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 2nd quarter worth approximately $1,661,000. Osaic Holdings Inc. raised its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 47.9% during the 2nd quarter. Osaic Holdings Inc. now owns 3,157 shares of the company’s stock worth $149,000 after acquiring an additional 1,022 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund during the 3rd quarter worth approximately $221,000. Finally, SFG Wealth Management LLC. purchased a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund during the third quarter valued at approximately $1,957,000.

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.