WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Short Interest Update

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 42,501 shares, an increase of 129.0% from the July 30th total of 18,563 shares. Currently, 5.7% of the shares of the company are short sold. Based on an average daily volume of 46,906 shares, the days-to-cover ratio is currently 0.9 days.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Stock Performance

Shares of BATS:GDMN opened at $99.43 on Friday. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a one year low of $59.27 and a one year high of $147.27. The stock has a market capitalization of $74.57 million, a price-to-earnings ratio of 23.21 and a beta of 0.60. The company has a 50-day simple moving average of $81.39 and a 200-day simple moving average of $96.09.

Institutional Trading of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Compass Financial Management LLC acquired a new stake in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 2nd quarter worth approximately $36,000. Allied Private Wealth LLC acquired a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund in the second quarter valued at approximately $187,000. Team Financial Group LLC purchased a new stake in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the first quarter worth approximately $89,000. Finally, Fiduciary Alliance LLC purchased a new stake in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the first quarter worth approximately $242,000.

About WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that provides concentrated exposure to gold in both equity and commodity forms. The fund invests in gold mining companies globally and US-listed gold futures. GDMN was launched on Dec 16, 2021 and is managed by WisdomTree.