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

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 4,723 shares, a drop of 73.0% from the May 14th total of 17,507 shares. Based on an average daily trading volume, of 129,645 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Up 1.0%

BATS GDE traded up $0.60 during trading hours on Friday, hitting $63.75. The company had a trading volume of 67,147 shares, compared to its average volume of 140,093. WisdomTree Efficient Gold Plus Equity Strategy Fund has a fifty-two week low of $45.85 and a fifty-two week high of $78.89. The business has a fifty day simple moving average of $67.24 and a 200-day simple moving average of $66.35. The firm has a market cap of $328.31 million, a P/E ratio of 25.53 and a beta of 1.00.

Institutional Trading of WisdomTree Efficient Gold Plus Equity Strategy Fund

Large investors have recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter worth about $26,000. Caitlin John LLC acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter worth about $31,000. CENTRAL TRUST Co acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 1st quarter worth about $62,000. International Assets Investment Management LLC acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 1st quarter worth about $134,000. Finally, Osaic Holdings Inc. increased its holdings in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 47.9% in 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 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.