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

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 13,148 shares, a growth of 453.8% from the October 15th total of 2,374 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 163,412 shares, the days-to-cover ratio is currently 0.1 days.

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

Several hedge funds have recently bought and sold shares of the stock. Team Financial Group LLC lifted its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 26.1% during the third quarter. Team Financial Group LLC now owns 4,429 shares of the company’s stock worth $282,000 after acquiring an additional 917 shares during the last quarter. Lunt Capital Management Inc. increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 8.8% during the third quarter. Lunt Capital Management Inc. now owns 13,869 shares of the company’s stock worth $884,000 after purchasing an additional 1,120 shares during the period. Noble Wealth Management PBC increased its stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund by 37.9% during the second quarter. Noble Wealth Management PBC now owns 4,115 shares of the company’s stock worth $251,000 after purchasing an additional 1,130 shares during the period. Fermata Advisors LLC lifted its holdings in WisdomTree Efficient Gold Plus Equity Strategy Fund by 1.9% during the 3rd quarter. Fermata Advisors LLC now owns 88,816 shares of the company’s stock worth $5,660,000 after purchasing an additional 1,631 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in WisdomTree Efficient Gold Plus Equity Strategy Fund during the 1st quarter worth approximately $134,000.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Performance

BATS GDE opened at $51.06 on Friday. The stock has a market cap of $375.29 million, a PE ratio of 22.97 and a beta of 1.09. The firm has a 50-day moving average of $61.70 and a 200-day moving average of $65.32. WisdomTree Efficient Gold Plus Equity Strategy Fund has a 52-week low of $50.58 and a 52-week high of $78.89.

WisdomTree Efficient Gold Plus Equity Strategy Fund Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, October 29th. Shareholders of record on Tuesday, October 27th were issued a $8.5846 dividend. This represents a yield of 3,174.0%. The ex-dividend date of this dividend was Tuesday, October 27th.

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.