WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Sees Large Growth in Short Interest

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 13,148 shares, a growth of 453.8% from the October 15th total of 2,374 shares. Based on an average trading volume of 163,412 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short.

WisdomTree Efficient Gold Plus Equity Strategy Fund Price Performance

BATS GDE opened at $52.51 on Wednesday. The stock has a market capitalization of $385.95 million, a PE ratio of 22.97 and a beta of 1.09. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 1 year low of $50.62 and a 1 year high of $78.89. The company’s 50 day simple moving average is $62.30 and its two-hundred day simple moving average is $65.51.

WisdomTree Efficient Gold Plus Equity Strategy Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 29th. Stockholders of record on Tuesday, October 27th were paid a dividend of $8.5846 per share. This represents a dividend yield of 3,174.0%. The ex-dividend date of this dividend was Tuesday, October 27th.

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

Several hedge funds and other institutional investors have recently modified their holdings of GDE. Hantz Financial Services Inc. purchased a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund in the third quarter worth $169,000. Kestra Advisory Services LLC increased its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 36.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 137,677 shares of the company’s stock valued at $8,774,000 after purchasing an additional 37,134 shares during the period. Team Financial Group LLC raised its holdings in WisdomTree Efficient Gold Plus Equity Strategy Fund by 26.1% in the 3rd quarter. Team Financial Group LLC now owns 4,429 shares of the company’s stock worth $282,000 after purchasing an additional 917 shares in the last quarter. Lunt Capital Management Inc. lifted its position in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 8.8% in the 3rd quarter. Lunt Capital Management Inc. now owns 13,869 shares of the company’s stock worth $884,000 after purchasing an additional 1,120 shares during the period. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund in the 3rd quarter worth about $350,000.

About WisdomTree Efficient Gold Plus Equity Strategy Fund

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.