WisdomTree Target Range Fund (NASDAQ:GTR – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,154 shares, a growth of 59.2% from the August 15th total of 5,123 shares. Based on an average trading volume of 4,375 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.3% of the company’s shares are sold short.
WisdomTree Target Range Fund Price Performance
Shares of GTR traded up $0.17 during midday trading on Thursday, hitting $27.56. The stock had a trading volume of 6,152 shares, compared to its average volume of 5,712. The stock’s 50 day moving average is $27.50 and its 200 day moving average is $26.76. The firm has a market cap of $82.65 million, a PE ratio of 20.13 and a beta of 0.59. WisdomTree Target Range Fund has a 1 year low of $24.55 and a 1 year high of $27.96.
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. boosted its holdings in shares of WisdomTree Target Range Fund (NASDAQ:GTR – Free Report) by 5.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,360,343 shares of the company’s stock after acquiring an additional 127,779 shares during the period. Valmark Advisers Inc. owned about 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
WisdomTree Target Range Fund Company Profile
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.
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