WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Short Interest Up 248.4% in May

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 17,507 shares, an increase of 248.4% from the April 30th total of 5,025 shares. Based on an average daily volume of 157,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of GDE. Royal Bank of Canada increased its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.7% during the first quarter. Royal Bank of Canada now owns 16,674 shares of the company’s stock worth $684,000 after acquiring an additional 277 shares during the period. Jane Street Group LLC bought a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 2nd quarter valued at $1,661,000. Osaic Holdings Inc. increased its holdings in WisdomTree Efficient Gold Plus Equity Strategy Fund by 47.9% in the 2nd quarter. Osaic Holdings Inc. now owns 3,157 shares of the company’s stock valued at $149,000 after buying an additional 1,022 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 3rd quarter valued at $254,000. Finally, AE Wealth Management LLC bought a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund in the 3rd quarter valued at $112,000.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Up 1.3%

Shares of BATS:GDE traded up $0.90 during trading on Friday, reaching $69.50. The stock had a trading volume of 77,118 shares, compared to its average volume of 134,789. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 52 week low of $44.43 and a 52 week high of $78.89. The stock has a fifty day simple moving average of $66.34 and a two-hundred day simple moving average of $65.82. The firm has a market capitalization of $357.93 million, a price-to-earnings ratio of 25.53 and a beta of 1.00.

WisdomTree Efficient Gold Plus Equity Strategy Fund Company Profile

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.