WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) Stock Short Interest Climbs 453.8%

WisdomTree Efficient Gold Plus Equity Strategy Fund (BATS:GDE) was the target of 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. Based on an average daily trading volume, of 163,412 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are short sold.

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

Several hedge funds have recently made changes to their positions in the company. Noble Wealth Management PBC grew its stake in WisdomTree Efficient Gold Plus Equity Strategy Fund by 37.9% in 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 position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 12.6% during the second quarter. Fermata Advisors LLC now owns 87,185 shares of the company’s stock valued at $5,327,000 after buying an additional 9,729 shares during the period. Spinnaker Investment Group LLC lifted its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 10.0% during the second quarter. Spinnaker Investment Group LLC now owns 24,597 shares of the company’s stock valued at $1,503,000 after buying an additional 2,239 shares during the period. Wealthcare Advisory Partners LLC lifted its position in WisdomTree Efficient Gold Plus Equity Strategy Fund by 4.5% during the second quarter. Wealthcare Advisory Partners LLC now owns 135,041 shares of the company’s stock valued at $8,250,000 after buying an additional 5,770 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in shares of WisdomTree Efficient Gold Plus Equity Strategy Fund during the 1st quarter valued at $449,000.

WisdomTree Efficient Gold Plus Equity Strategy Fund Stock Performance

WisdomTree Efficient Gold Plus Equity Strategy Fund stock opened at $52.51 on Wednesday. The stock’s 50 day simple moving average is $62.30 and its two-hundred day simple moving average is $65.51. The stock has a market cap of $385.95 million, a price-to-earnings ratio of 22.97 and a beta of 1.09. WisdomTree Efficient Gold Plus Equity Strategy Fund has a fifty-two week low of $50.62 and a fifty-two week high of $78.89.

WisdomTree Efficient Gold Plus Equity Strategy Fund Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 29th. Stockholders of record on Tuesday, October 27th were paid a $8.5846 dividend. This represents a dividend yield of 3,174.0%. The ex-dividend date was Tuesday, October 27th.

About WisdomTree Efficient Gold Plus Equity Strategy Fund

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.