Short Interest in WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Rises By 190.3%

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 13,106 shares, an increase of 190.3% from the June 15th total of 4,514 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 6,846 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MTGP. Aptus Capital Advisors LLC acquired a new position in WisdomTree Mortgage Plus Bond Fund during the fourth quarter valued at $89,000. JPMorgan Chase & Co. boosted its position in WisdomTree Mortgage Plus Bond Fund by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock worth $183,000 after acquiring an additional 487 shares during the period. Gateway Wealth Partners LLC boosted its position in WisdomTree Mortgage Plus Bond Fund by 11.6% during the 4th quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after acquiring an additional 607 shares during the period. Bank of New York Mellon Corp grew its stake in WisdomTree Mortgage Plus Bond Fund by 5.7% during the 1st quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after acquiring an additional 323 shares in the last quarter. Finally, Golden State Equity Partners grew its stake in WisdomTree Mortgage Plus Bond Fund by 36.7% during the 4th quarter. Golden State Equity Partners now owns 6,554 shares of the company’s stock valued at $292,000 after acquiring an additional 1,760 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Trading Down 0.3%

WisdomTree Mortgage Plus Bond Fund stock traded down $0.14 during midday trading on Monday, reaching $43.83. The stock had a trading volume of 20,490 shares, compared to its average volume of 9,879. WisdomTree Mortgage Plus Bond Fund has a twelve month low of $43.47 and a twelve month high of $45.48. The firm’s fifty day simple moving average is $44.06 and its two-hundred day simple moving average is $44.38.

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.