WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Short Interest Update

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 4,723 shares, a decrease of 73.0% from the May 14th total of 17,507 shares. Based on an average trading volume of 129,645 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are short sold.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Up 0.8%

Shares of WisdomTree Efficient Gold Plus Equity Strategy Fund stock opened at $61.00 on Thursday. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 52-week low of $45.85 and a 52-week high of $78.89. The company has a 50 day moving average of $67.24 and a 200 day moving average of $66.31. The company has a market capitalization of $314.15 million, a P/E ratio of 25.53 and a beta of 1.00.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Mainstay Capital Management LLC ADV lifted its stake in WisdomTree Efficient Gold Plus Equity Strategy Fund by 70.3% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,961,787 shares of the company’s stock worth $120,885,000 after purchasing an additional 809,982 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 3rd quarter valued at $12,530,000. Triton Wealth Management PLLC boosted its holdings in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 390.2% in the 4th quarter. Triton Wealth Management PLLC now owns 72,064 shares of the company’s stock valued at $4,441,000 after buying an additional 57,363 shares in the last quarter. Ameriprise Financial Inc. purchased a new position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 3rd quarter valued at $3,109,000. Finally, Kestra Advisory Services LLC acquired a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund during the 4th quarter worth $2,828,000.

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.