Short Interest in WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Decreases By 73.0%

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

Institutional Investors Weigh In On WisdomTree Efficient Gold Plus Equity Strategy Fund

Institutional investors have recently added to or reduced their stakes in the business. Mainstay Capital Management LLC ADV increased its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 70.3% during the 4th 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 period. Focus Partners Wealth acquired a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 3rd quarter valued at approximately $12,530,000. CWM LLC boosted its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 17.6% in the fourth quarter. CWM LLC now owns 191,076 shares of the company’s stock valued at $11,774,000 after buying an additional 28,640 shares in the last quarter. Magnolia Private Wealth LLC boosted its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 26.6% in the third quarter. Magnolia Private Wealth LLC now owns 115,178 shares of the company’s stock valued at $6,612,000 after buying an additional 24,177 shares in the last quarter. Finally, McGrath & Associates Inc. grew its holdings in WisdomTree Efficient Gold Plus Equity Strategy Fund by 3.0% during the fourth quarter. McGrath & Associates Inc. now owns 114,206 shares of the company’s stock worth $7,037,000 after acquiring an additional 3,290 shares during the period.

WisdomTree Efficient Gold Plus Equity Strategy Fund Trading Up 0.8%

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

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.