WisdomTree Target Range Fund (NASDAQ:GTR) Sees Significant Decrease in Short Interest

WisdomTree Target Range Fund (NASDAQ:GTR) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 5,104 shares, a decline of 37.4% from the August 31st total of 8,154 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 7,510 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On WisdomTree Target Range Fund

An institutional investor recently raised its position in WisdomTree Target Range Fund stock. Valmark Advisers Inc. lifted its position in WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,360,343 shares of the company’s stock after purchasing an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned 91.49% of WisdomTree Target Range Fund worth $59,183,000 at the end of the most recent reporting period.

WisdomTree Target Range Fund Trading Down 0.4%

GTR stock traded down $0.12 during trading on Thursday, hitting $27.20. The company had a trading volume of 617 shares, compared to its average volume of 5,556. The company has a fifty day moving average price of $27.57 and a two-hundred day moving average price of $26.89. WisdomTree Target Range Fund has a fifty-two week low of $24.55 and a fifty-two week high of $27.96. The company has a market cap of $72.07 million, a P/E ratio of 20.13 and a beta of 0.59.

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.