WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Down 43.5% in June

WisdomTree Target Range Fund (NASDAQ:GTR) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,741 shares, a decrease of 43.5% from the May 31st total of 8,398 shares. Based on an average daily volume of 5,452 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the company’s shares are short sold.

WisdomTree Target Range Fund Price Performance

Shares of GTR traded down $0.07 during trading hours on Wednesday, hitting $27.11. 703 shares of the stock were exchanged, compared to its average volume of 5,936. The firm has a market capitalization of $69.13 million, a P/E ratio of 20.13 and a beta of 0.59. WisdomTree Target Range Fund has a fifty-two week low of $24.35 and a fifty-two week high of $27.44. The business has a 50-day moving average of $26.91 and a 200-day moving average of $26.10.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. grew its holdings in WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,360,343 shares of the company’s stock after purchasing an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned about 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.