WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Short Interest Up 104.3% in July

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 12,986 shares, an increase of 104.3% from the June 30th total of 6,356 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 42,600 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Team Financial Group LLC purchased a new position in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the first quarter worth about $89,000. Fiduciary Alliance LLC purchased a new stake in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund in the 1st quarter valued at approximately $242,000. Finally, Allied Private Wealth LLC acquired a new stake in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 2nd quarter worth approximately $187,000.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Stock Up 0.2%

Shares of GDMN opened at $71.63 on Thursday. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a 52-week low of $48.57 and a 52-week high of $147.27. The stock has a fifty day simple moving average of $79.09 and a two-hundred day simple moving average of $99.71. The company has a market capitalization of $53.72 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.