WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Sees Large Increase in Short Interest

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 199,221 shares, an increase of 434.7% from the September 30th total of 37,260 shares. Currently, 2.7% of the company’s shares are short sold. Based on an average trading volume of 213,519 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Prime Capital Investment Advisors LLC purchased a new stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the 3rd quarter worth about $12,107,000. AXS Investments LLC grew its stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 52.3% during the 1st quarter. AXS Investments LLC now owns 107,225 shares of the company’s stock valued at $2,418,000 after acquiring an additional 36,830 shares in the last quarter. Finally, GreatBanc Trust CO purchased a new position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the 1st quarter valued at about $638,000.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Price Performance

NASDAQ:AGZD traded up $0.01 during trading hours on Wednesday, hitting $22.49. 274,553 shares of the stock traded hands, compared to its average volume of 57,308. The firm has a 50 day moving average price of $22.57 and a 200 day moving average price of $22.58. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a fifty-two week low of $22.09 and a fifty-two week high of $22.88.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Company Profile

(Get Free Report)

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a long\u002Fshort net-zero-duration bond index that’s long US investment-grade issues and short Treasury futures. AGZD was launched on Dec 18, 2013 and is managed by WisdomTree.

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