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

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 21,531 shares, a decline of 49.3% from the August 15th total of 42,501 shares. Based on an average daily trading volume, of 88,265 shares, the short-interest ratio is currently 0.2 days. Approximately 2.9% of the company’s stock are short sold.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Price Performance

Shares of GDMN stock opened at $91.21 on Wednesday. The company’s fifty day moving average price is $86.37 and its two-hundred day moving average price is $93.47. The firm has a market capitalization of $68.41 million, a P/E ratio of 23.21 and a beta of 0.60. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a 12 month low of $67.12 and a 12 month high of $147.27.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Compass Financial Management LLC acquired a new stake in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 2nd quarter valued at approximately $36,000. Allied Private Wealth LLC acquired a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund in the 2nd quarter valued at approximately $187,000. Team Financial Group LLC purchased a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 1st quarter valued at approximately $89,000. Finally, Fiduciary Alliance LLC purchased a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 1st quarter valued at 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.