WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Large Decrease in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,152 shares, a drop of 53.2% from the May 14th total of 2,463 shares. Based on an average daily volume of 6,944 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

Several institutional investors and hedge funds have recently modified their holdings of MTGP. Aptus Capital Advisors LLC purchased a new stake in shares of WisdomTree Mortgage Plus Bond Fund in the 4th quarter worth about $89,000. JPMorgan Chase & Co. lifted its position in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% in the 3rd 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 shares of WisdomTree Mortgage Plus Bond Fund by 11.6% in the 4th 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 shares of WisdomTree Mortgage Plus Bond Fund by 5.7% in the 1st 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% 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 during the period.

WisdomTree Mortgage Plus Bond Fund Trading Down 0.1%

Shares of NYSEARCA:MTGP traded down $0.03 on Friday, hitting $44.13. The company had a trading volume of 6,794 shares, compared to its average volume of 10,176. The firm’s 50-day simple moving average is $44.17 and its two-hundred day simple moving average is $44.47. WisdomTree Mortgage Plus Bond Fund has a 1 year low of $43.21 and a 1 year high of $45.48.

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.