WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Down 53.2% in May

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a significant 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 days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. increased its position in WisdomTree Mortgage Plus Bond Fund by 9.0% in the 2nd quarter. Raymond James Financial Inc. now owns 23,000 shares of the company’s stock worth $1,021,000 after buying an additional 1,903 shares during the period. Jane Street Group LLC increased its position in 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 buying an additional 34,395 shares during the period. Envestnet Asset Management Inc. increased its position in WisdomTree Mortgage Plus Bond Fund by 11.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 14,907 shares of the company’s stock worth $664,000 after buying an additional 1,562 shares during the period. Atria Investments Inc increased its position in WisdomTree Mortgage Plus Bond Fund by 14.9% in the 3rd quarter. Atria Investments Inc now owns 137,120 shares of the company’s stock worth $6,109,000 after buying an additional 17,747 shares during the period. Finally, Oxinas Partners Wealth Management LLC increased its position in WisdomTree Mortgage Plus Bond Fund by 4.5% during the third quarter. Oxinas Partners Wealth Management LLC now owns 45,293 shares of the company’s stock worth $2,018,000 after acquiring an additional 1,954 shares during the period.

WisdomTree Mortgage Plus Bond Fund Trading Down 0.1%

Shares of NYSEARCA:MTGP traded down $0.03 during trading on Friday, reaching $44.13. The stock had a trading volume of 6,794 shares, compared to its average volume of 10,176. WisdomTree Mortgage Plus Bond Fund has a 52 week low of $43.21 and a 52 week high of $45.48. The stock has a fifty day simple moving average of $44.17 and a two-hundred day simple moving average of $44.47.

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.