WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Short Interest Down 49.3% in August

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) was the target of a significant decline in short interest during 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 volume of 88,265 shares, the days-to-cover ratio is currently 0.2 days. Currently, 2.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

Large investors have recently bought and sold shares of the stock. Allied Private Wealth LLC purchased a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund in the second quarter worth $187,000. Fiduciary Alliance LLC purchased a new stake in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund in the first quarter worth about $242,000. Team Financial Group LLC bought a new stake in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the first quarter valued at approximately $89,000. Finally, Compass Financial Management LLC purchased a new position in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 2nd quarter valued at about $36,000.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Stock Performance

GDMN traded up $0.44 during trading on Tuesday, reaching $91.37. The stock had a trading volume of 19,124 shares, compared to its average volume of 59,559. The business has a 50-day moving average of $86.03 and a 200-day moving average of $93.76. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a one year low of $67.12 and a one year high of $147.27. The stock has a market cap of $68.53 million, a PE ratio of 23.21 and a beta of 0.60.

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.