WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Down 20.0% in January

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 8,179 shares, a decline of 20.0% from the December 31st total of 10,227 shares. Based on an average daily trading volume, of 17,853 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 17,853 shares, the short-interest ratio is currently 0.5 days.

WisdomTree Mortgage Plus Bond Fund Price Performance

Shares of MTGP stock traded up $0.09 during trading hours on Friday, hitting $44.64. 11,089 shares of the company’s stock traded hands, compared to its average volume of 17,104. WisdomTree Mortgage Plus Bond Fund has a 12-month low of $42.75 and a 12-month high of $45.48. The stock’s fifty day simple moving average is $44.68 and its two-hundred day simple moving average is $44.55.

WisdomTree Mortgage Plus Bond Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a $0.145 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 3.9%.

Institutional Trading of WisdomTree Mortgage Plus Bond Fund

A number of large investors have recently made changes to their positions in the stock. Defined Financial Planning LLC boosted its position in shares of WisdomTree Mortgage Plus Bond Fund by 22.6% in the third quarter. Defined Financial Planning LLC now owns 84,968 shares of the company’s stock worth $3,795,000 after purchasing an additional 15,677 shares during the period. Evolution Wealth Management Inc. purchased a new position in shares of WisdomTree Mortgage Plus Bond Fund during the second quarter valued at about $172,000. Centaurus Financial Inc. bought a new stake in WisdomTree Mortgage Plus Bond Fund in the 2nd quarter worth approximately $164,000. IHT Wealth Management LLC raised its stake in WisdomTree Mortgage Plus Bond Fund by 9.5% during the second quarter. IHT Wealth Management LLC now owns 169,695 shares of the company’s stock valued at $7,536,000 after purchasing an additional 14,658 shares in the last quarter. Finally, Invenio Wealth Partners LLC raised its position in shares of WisdomTree Mortgage Plus Bond Fund by 2.1% during the 2nd quarter. Invenio Wealth Partners LLC now owns 166,879 shares of the company’s stock valued at $7,411,000 after buying an additional 3,385 shares in the last quarter.

About WisdomTree Mortgage Plus Bond Fund

The WisdomTree Mortgage Plus Bond Fund (MTGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund of U.S. securitized intermediate-term debt primarily agency mortgage-backed securities, which are rated investment grade and high yield. MTGP was launched on Nov 14, 2019 and is managed by WisdomTree.