Short Interest in WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Decreases By 45.3%

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 7,499 shares, a decline of 45.3% from the July 30th total of 13,699 shares. Based on an average daily volume of 106,103 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of WisdomTree Efficient Gold Plus Equity Strategy Fund

A number of hedge funds and other institutional investors have recently modified their holdings of GDE. Corient Private Wealth LP purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund during the 2nd quarter valued at about $269,000. Aspire Capital Advisors LLC grew its holdings in WisdomTree Efficient Gold Plus Equity Strategy Fund by 30.6% in the second quarter. Aspire Capital Advisors LLC now owns 34,885 shares of the company’s stock worth $2,131,000 after purchasing an additional 8,173 shares during the period. Spinnaker Investment Group LLC grew its holdings in WisdomTree Efficient Gold Plus Equity Strategy Fund by 10.0% in the second quarter. Spinnaker Investment Group LLC now owns 24,597 shares of the company’s stock worth $1,503,000 after purchasing an additional 2,239 shares during the period. Wealthcare Advisory Partners LLC increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 4.5% during the second quarter. Wealthcare Advisory Partners LLC now owns 135,041 shares of the company’s stock valued at $8,250,000 after purchasing an additional 5,770 shares in the last quarter. Finally, Fermata Advisors LLC increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 12.6% during the second quarter. Fermata Advisors LLC now owns 87,185 shares of the company’s stock valued at $5,327,000 after purchasing an additional 9,729 shares in the last quarter.

WisdomTree Efficient Gold Plus Equity Strategy Fund Trading Down 2.8%

GDE opened at $68.44 on Friday. The stock has a fifty day simple moving average of $64.03 and a two-hundred day simple moving average of $66.22. The company has a market cap of $352.47 million, a price-to-earnings ratio of 25.53 and a beta of 1.00. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 12-month low of $50.26 and a 12-month high of $78.89.

WisdomTree Efficient Gold Plus Equity Strategy Fund Company Profile

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.