WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) Sees Large Decline in Short Interest

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,451 shares, a decrease of 92.2% from the September 30th total of 18,650 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 57,680 shares, the short-interest ratio is currently 0.0 days.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Price Performance

Shares of SHAG stock remained flat at $46.74 during trading hours on Monday. 2,488 shares of the company were exchanged, compared to its average volume of 16,040. WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund has a 1-year low of $46.29 and a 1-year high of $48.29. The company’s fifty day simple moving average is $46.79 and its 200-day simple moving average is $47.21.

Institutional Inflows and Outflows

A hedge fund recently raised its position in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund stock. Bank of New York Mellon Corp raised its holdings in shares of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) by 3.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,337 shares of the company’s stock after acquiring an additional 224 shares during the period. Bank of New York Mellon Corp owned approximately 0.82% of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund worth $349,000 as of its most recent SEC filing.

About WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

The WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment-grade securities with maturities of less than five years. The index consists of 13 subcomponents weighted for yield-to-worst. SHAG was launched on May 18, 2017 and is managed by WisdomTree.