WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) Short Interest Update

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (BATS:GDMN) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 42,501 shares, an increase of 129.0% from the July 30th total of 18,563 shares. Approximately 5.7% of the company’s stock are short sold. Based on an average daily volume of 46,906 shares, the short-interest ratio is currently 0.9 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Compass Financial Management LLC purchased a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 2nd quarter valued at approximately $36,000. Allied Private Wealth LLC acquired a new position in WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the 2nd quarter worth $187,000. Team Financial Group LLC bought a new stake in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund in the 1st quarter worth about $89,000. Finally, Fiduciary Alliance LLC bought a new position in shares of WisdomTree Efficient Gold Plus Gold Miners Strategy Fund during the first quarter worth about $242,000.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Price Performance

Shares of GDMN stock opened at $106.64 on Friday. The company’s fifty day moving average price is $81.05 and its two-hundred day moving average price is $96.06. The firm has a market capitalization of $79.98 million, a P/E ratio of 23.21 and a beta of 0.60. WisdomTree Efficient Gold Plus Gold Miners Strategy Fund has a 12 month low of $59.12 and a 12 month high of $147.27.

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.