WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Down 43.5% in June

WisdomTree Target Range Fund (NASDAQ:GTR) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,741 shares, a decline of 43.5% from the May 31st total of 8,398 shares. Based on an average daily trading volume, of 5,452 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are short sold.

WisdomTree Target Range Fund Stock Performance

Shares of WisdomTree Target Range Fund stock traded down $0.07 on Wednesday, reaching $27.11. 703 shares of the company’s stock were exchanged, compared to its average volume of 5,936. The company has a market capitalization of $69.13 million, a P/E ratio of 20.13 and a beta of 0.59. WisdomTree Target Range Fund has a 52 week low of $24.35 and a 52 week high of $27.44. The firm’s 50-day moving average is $26.91 and its two-hundred day moving average is $26.10.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in WisdomTree Target Range Fund stock. Kestra Advisory Services LLC purchased a new position in WisdomTree Target Range Fund (NASDAQ:GTR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,304 shares of the company’s stock, valued at approximately $58,000. Kestra Advisory Services LLC owned 0.10% of WisdomTree Target Range Fund at the end of the most recent quarter.

About WisdomTree Target Range Fund

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.