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

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a large 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 company’s stock are short sold. Based on an average daily trading volume, of 6,878 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

Several large investors have recently added to or reduced their stakes in MTGP. Aptus Capital Advisors LLC bought a new position in WisdomTree Mortgage Plus Bond Fund during the fourth quarter worth $89,000. JPMorgan Chase & Co. lifted its stake in WisdomTree Mortgage Plus Bond Fund by 13.5% during 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 last quarter. Gateway Wealth Partners LLC lifted its stake in WisdomTree Mortgage Plus Bond Fund by 11.6% during 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 last quarter. Bank of New York Mellon Corp lifted its stake in WisdomTree Mortgage Plus Bond Fund by 5.7% during 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 last quarter. Finally, Golden State Equity Partners lifted its stake in WisdomTree Mortgage Plus Bond Fund by 36.7% during 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 last quarter.

WisdomTree Mortgage Plus Bond Fund Trading Down 0.0%

WisdomTree Mortgage Plus Bond Fund stock opened at $44.06 on Monday. The stock has a 50 day moving average of $44.19 and a 200-day moving average of $44.52. WisdomTree Mortgage Plus Bond Fund has a 52 week low of $43.14 and a 52 week 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.