WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Sees Significant Decline in Short Interest

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 12,594 shares, a drop of 49.5% from the May 31st total of 24,935 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average trading volume of 55,219 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund stock. Fiduciary Alliance LLC acquired a new stake in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,223 shares of the company’s stock, valued at approximately $242,000. Fiduciary Alliance LLC owned 0.30% of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund at the end of the most recent quarter.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Stock Performance

Shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund stock opened at $72.62 on Thursday. The firm’s 50-day simple moving average is $89.63 and its 200-day simple moving average is $103.07. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a twelve month low of $48.01 and a twelve month high of $147.27. The firm has a market cap of $54.47 million, a P/E ratio of 23.21 and a beta of 0.60.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Company Profile

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.