WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Significant Growth in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,514 shares, an increase of 291.8% from the May 31st total of 1,152 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 6,822 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

Several large investors have recently modified their holdings of the company. Vericrest Private Wealth acquired a new position in WisdomTree Mortgage Plus Bond Fund in the fourth quarter valued at $4,790,000. Mariner LLC acquired a new stake in WisdomTree Mortgage Plus Bond Fund during the 4th quarter worth about $3,188,000. WealthPoint Financial LLC bought a new position in shares of WisdomTree Mortgage Plus Bond Fund in the 4th quarter worth about $1,723,000. Jane Street Group LLC raised its position in shares of WisdomTree Mortgage Plus Bond Fund by 101.7% in the 2nd quarter. Jane Street Group LLC now owns 68,220 shares of the company’s stock worth $3,030,000 after acquiring an additional 34,395 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in shares of WisdomTree Mortgage Plus Bond Fund by 34.2% in the 4th quarter. LPL Financial LLC now owns 130,133 shares of the company’s stock valued at $5,797,000 after purchasing an additional 33,140 shares during the period.

WisdomTree Mortgage Plus Bond Fund Price Performance

Shares of WisdomTree Mortgage Plus Bond Fund stock traded down $0.01 during midday trading on Monday, reaching $44.27. The company had a trading volume of 522 shares, compared to its average volume of 10,005. The stock has a fifty day moving average price of $44.13 and a 200 day moving average price of $44.43. WisdomTree Mortgage Plus Bond Fund has a fifty-two week low of $43.47 and a fifty-two week high of $45.48.

WisdomTree Mortgage Plus Bond Fund Company Profile

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.