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

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 12,914 shares, an increase of 492.1% from the June 15th total of 2,181 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 136,593 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On WisdomTree Efficient Gold Plus Equity Strategy Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in 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 worth $684,000 after acquiring an additional 277 shares during the last quarter. Triumph Capital Management acquired a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter valued at about $26,000. Geneos Wealth Management Inc. lifted its stake in WisdomTree Efficient Gold Plus Equity Strategy Fund by 14.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,779 shares of the company’s stock worth $233,000 after purchasing an additional 488 shares in the last quarter. Caitlin John LLC purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 4th quarter worth approximately $31,000. Finally, Avion Wealth lifted its stake in WisdomTree Efficient Gold Plus Equity Strategy Fund by 8.2% in the 4th quarter. Avion Wealth now owns 7,708 shares of the company’s stock worth $474,000 after purchasing an additional 586 shares in the last quarter.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Performance

Shares of GDE traded up $0.06 during trading hours on Friday, hitting $62.91. 52,913 shares of the stock were exchanged, compared to its average volume of 147,522. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 12-month low of $47.30 and a 12-month high of $78.89. The company has a market cap of $323.99 million, a price-to-earnings ratio of 25.53 and a beta of 1.00. The stock’s 50-day moving average price is $65.56 and its two-hundred day moving average price is $66.59.

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.