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

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 13,699 shares, an increase of 108.6% from the July 15th total of 6,567 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 81,968 shares, the short-interest ratio is presently 0.2 days.

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

Hedge funds have recently made changes to their positions in the business. Triumph Capital Management bought a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter worth approximately $26,000. Caitlin John LLC bought a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund during the fourth quarter worth approximately $31,000. CENTRAL TRUST Co acquired a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the first quarter worth approximately $62,000. International Assets Investment Management LLC acquired a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the first quarter worth approximately $134,000. Finally, Osaic Holdings Inc. increased its holdings in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 47.9% in the second quarter. Osaic Holdings Inc. now owns 3,157 shares of the company’s stock valued at $149,000 after buying an additional 1,022 shares in the last quarter.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Performance

Shares of WisdomTree Efficient Gold Plus Equity Strategy Fund stock opened at $67.95 on Monday. The company’s 50-day moving average price is $62.92 and its two-hundred day moving average price is $66.27. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 52 week low of $48.11 and a 52 week high of $78.89. The stock has a market cap of $349.94 million, a PE ratio of 25.53 and a beta of 1.00.

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.