Short Interest in WisdomTree Target Range Fund (NASDAQ:GTR) Expands By 59.2%

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,154 shares, an increase of 59.2% from the August 15th total of 5,123 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 4,375 shares, the short-interest ratio is currently 1.9 days.

Institutional Trading of WisdomTree Target Range Fund

A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. raised its position in shares of WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,360,343 shares of the company’s stock after acquiring an additional 127,779 shares during the period. Valmark Advisers Inc. owned approximately 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent SEC filing.

WisdomTree Target Range Fund Stock Performance

GTR opened at $27.56 on Friday. The firm has a market cap of $82.65 million, a P/E ratio of 20.13 and a beta of 0.59. The business has a 50 day moving average price of $27.50 and a 200 day moving average price of $26.77. WisdomTree Target Range Fund has a twelve month low of $24.55 and a twelve month high of $27.96.

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.