Short Interest in WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Increases By 171.0%

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,463 shares, an increase of 171.0% from the April 30th total of 909 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 6,878 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Aptus Capital Advisors LLC bought a new position in WisdomTree Mortgage Plus Bond Fund in the fourth quarter worth $89,000. JPMorgan Chase & Co. lifted its position in WisdomTree Mortgage Plus Bond Fund by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock worth $183,000 after purchasing an additional 487 shares during the period. Gateway Wealth Partners LLC lifted its position in WisdomTree Mortgage Plus Bond Fund by 11.6% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after purchasing an additional 607 shares during the period. Bank of New York Mellon Corp lifted its position in WisdomTree Mortgage Plus Bond Fund by 5.7% in the first quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock worth $264,000 after purchasing an additional 323 shares during the period. Finally, Golden State Equity Partners lifted its position in WisdomTree Mortgage Plus Bond Fund by 36.7% in the fourth quarter. Golden State Equity Partners now owns 6,554 shares of the company’s stock worth $292,000 after purchasing an additional 1,760 shares during the period.

WisdomTree Mortgage Plus Bond Fund Trading Up 0.2%

Shares of WisdomTree Mortgage Plus Bond Fund stock traded up $0.08 during midday trading on Friday, hitting $44.06. The company had a trading volume of 10,198 shares, compared to its average volume of 10,527. WisdomTree Mortgage Plus Bond Fund has a 1-year low of $43.14 and a 1-year high of $45.48. The business’s 50 day simple moving average is $44.19 and its two-hundred day simple moving average is $44.52.

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.