WisdomTree Target Range Fund (NASDAQ:GTR) Short Interest Update

WisdomTree Target Range Fund (NASDAQ:GTR) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,154 shares, an increase of 59.2% from the August 15th total of 5,123 shares. Based on an average daily trading volume, of 4,375 shares, the short-interest ratio is currently 1.9 days. Currently, 0.3% of the shares of the company are short sold.

WisdomTree Target Range Fund Stock Performance

Shares of NASDAQ GTR traded up $0.17 during trading on Thursday, hitting $27.56. The company had a trading volume of 6,152 shares, compared to its average volume of 5,712. The stock has a 50 day simple moving average of $27.50 and a 200 day simple moving average of $26.76. WisdomTree Target Range Fund has a 12 month low of $24.55 and a 12 month high of $27.96. The firm has a market capitalization of $82.65 million, a P/E ratio of 20.13 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree Target Range Fund

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

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.