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

Key Points

• Short interest plunged 87.6% to 804 shares as of March 13 (from 6,496 on Feb 26), leaving a days-to-cover ratio of 0.2 and effectively 0.0% of shares short.
• Institutional buying: Kestra Advisory Services LLC initiated a new stake of 2,304 shares (~$58,000), representing about 0.10% ownership at the end of the quarter.
• Trading snapshot: GTR traded down 0.1% to $25.14 on light volume, with a market cap of $60.8M and a 1‑year range of $21.59–$26.36.

WisdomTree Target Range Fund (NASDAQ:GTR - ) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 804 shares, a drop of 87.6% from the February 26th total of 6,496 shares. Based on an average daily trading volume, of 5,034 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company's stock are short sold. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 5,034 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of WisdomTree Target Range Fund

A hedge fund recently bought a new stake in WisdomTree Target Range Fund stock. Kestra Advisory Services LLC acquired a new stake in WisdomTree Target Range Fund (NASDAQ:GTR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,304 shares of the company's stock, valued at approximately $58,000. Kestra Advisory Services LLC owned about 0.10% of WisdomTree Target Range Fund at the end of the most recent reporting period.

WisdomTree Target Range Fund Trading Down 0.1%

Shares of GTR stock traded down $0.04 during trading hours on Tuesday, reaching $25.14. 1,152 shares of the company's stock were exchanged, compared to its average volume of 6,374. WisdomTree Target Range Fund has a 1 year low of $21.59 and a 1 year high of $26.36. The stock has a market cap of $60.83 million, a PE ratio of 20.13 and a beta of 0.60. The stock's fifty day moving average price is $25.80 and its two-hundred day moving average price is $25.80.

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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