WisdomTree Target Range Fund (NASDAQ:GTR – Get Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 5,676 shares, a drop of 55.4% from the July 15th total of 12,736 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,684 shares, the days-to-cover ratio is currently 1.2 days.
Institutional Investors Weigh In On WisdomTree Target Range Fund
A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. lifted its position in WisdomTree Target Range Fund (NASDAQ:GTR – Free Report) by 5.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,360,343 shares of the company’s stock after purchasing an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned 91.49% of WisdomTree Target Range Fund worth $59,183,000 at the end of the most recent quarter.
WisdomTree Target Range Fund Stock Up 0.1%
NASDAQ:GTR traded up $0.04 during midday trading on Friday, hitting $27.85. The company had a trading volume of 809 shares, compared to its average volume of 5,702. WisdomTree Target Range Fund has a 52-week low of $24.55 and a 52-week high of $27.92. The stock’s fifty day moving average price is $27.23 and its 200-day moving average price is $26.49. The company has a market capitalization of $72.96 million, a PE ratio of 20.13 and a beta of 0.59.
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.
Further Reading
- Five stocks we like better than WisdomTree Target Range Fund
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for WisdomTree Target Range Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Target Range Fund and related companies with MarketBeat.com's FREE daily email newsletter.
