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

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,676 shares, a drop of 55.4% from the July 15th total of 12,736 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 4,684 shares, the short-interest ratio is presently 1.2 days.

WisdomTree Target Range Fund Stock Down 0.1%

GTR stock traded down $0.01 during midday trading on Monday, reaching $27.82. The stock had a trading volume of 3,668 shares, compared to its average volume of 5,689. The firm has a market cap of $72.88 million, a price-to-earnings ratio of 20.13 and a beta of 0.59. WisdomTree Target Range Fund has a twelve month low of $24.55 and a twelve month high of $27.92. The business has a fifty day simple moving average of $27.23 and a two-hundred day simple moving average of $26.49.

Institutional Investors Weigh In On WisdomTree Target Range Fund

A hedge fund recently bought a new stake in WisdomTree Target Range Fund stock. Kestra Advisory Services LLC purchased a new stake in WisdomTree Target Range Fund (NASDAQ:GTR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,304 shares of the company’s stock, valued at approximately $58,000. Kestra Advisory Services LLC owned 0.10% of WisdomTree Target Range Fund as of its most recent SEC filing.

WisdomTree Target Range Fund Company Profile

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.