WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Shares Shorted: Short Interest Up 220.5% in October

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 34,757 shares, an increase of 220.5% from the October 15th total of 10,843 shares. Based on an average trading volume of 64,487 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund stock. Allied Private Wealth LLC purchased a new position in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,604 shares of the company’s stock, valued at approximately $187,000. Allied Private Wealth LLC owned approximately 0.35% of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund at the end of the most recent reporting period.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Stock Down 2.3%

Shares of GDMN opened at $72.45 on Thursday. The stock’s fifty day simple moving average is $83.16 and its 200-day simple moving average is $94.17. The firm has a market capitalization of $152.15 million, a PE ratio of 12.59 and a beta of 0.77. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a 12-month low of $63.57 and a 12-month high of $147.27.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 29th. Stockholders of record on Tuesday, October 27th were given a dividend of $5.2793 per share. The ex-dividend date was Tuesday, October 27th. This represents a dividend yield of 1,466.0%.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Company Profile

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.