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

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 5,025 shares, a drop of 51.6% from the April 15th total of 10,385 shares. Based on an average daily volume of 156,552 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of WisdomTree Efficient Gold Plus Equity Strategy Fund

A number of hedge funds have recently made changes to their positions in the stock. Mainstay Capital Management LLC ADV grew its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 70.3% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,961,787 shares of the company’s stock worth $120,885,000 after acquiring an additional 809,982 shares in the last quarter. Focus Partners Wealth purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the third quarter worth $12,530,000. Howard Bailey Securities LLC purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the third quarter worth $3,774,000. Triton Wealth Management PLLC grew its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 390.2% in the fourth quarter. Triton Wealth Management PLLC now owns 72,064 shares of the company’s stock worth $4,441,000 after acquiring an additional 57,363 shares in the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in WisdomTree Efficient Gold Plus Equity Strategy Fund in the third quarter worth $3,109,000.

WisdomTree Efficient Gold Plus Equity Strategy Fund Price Performance

Shares of BATS:GDE opened at $67.92 on Friday. The firm has a fifty day moving average price of $66.56 and a two-hundred day moving average price of $65.08. WisdomTree Efficient Gold Plus Equity Strategy Fund has a one year low of $43.51 and a one year high of $78.89. The company has a market cap of $349.79 million, a price-to-earnings ratio of 25.53 and a beta of 1.00.

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.