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

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 17,507 shares, an increase of 248.4% from the April 30th total of 5,025 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 157,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of WisdomTree Efficient Gold Plus Equity Strategy Fund

Several institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.1% in the third 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 period. Royal Bank of Canada grew its position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.7% in the first 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 period. Triumph Capital Management acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the fourth quarter valued at about $26,000. Geneos Wealth Management Inc. grew its position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 14.8% in the fourth 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 period. Finally, Caitlin John LLC acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the fourth quarter valued at about $31,000.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Up 1.3%

Shares of BATS GDE opened at $69.50 on Friday. The company’s 50-day simple moving average is $66.34 and its 200-day simple moving average is $65.82. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 52-week low of $44.43 and a 52-week high of $78.89. The firm has a market cap of $357.93 million, a price-to-earnings ratio of 25.53 and a beta of 1.00.

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.