WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Up 291.8% in June

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of 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. Based on an average daily volume of 6,822 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

WisdomTree Mortgage Plus Bond Fund Stock Performance

NYSEARCA MTGP remained flat at $44.28 on Friday. The company had a trading volume of 11,839 shares, compared to its average volume of 10,005. The company has a 50 day moving average of $44.13 and a 200 day moving average 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.

Institutional Trading of WisdomTree Mortgage Plus Bond Fund

A number of hedge funds have recently modified their holdings of MTGP. Raymond James Financial Inc. raised its stake in WisdomTree Mortgage Plus Bond Fund by 9.0% during 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 holdings in shares of WisdomTree Mortgage Plus Bond Fund by 101.7% in the second 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. Envestnet Asset Management Inc. increased its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 11.7% in the third quarter. Envestnet Asset Management Inc. now owns 14,907 shares of the company’s stock worth $664,000 after acquiring an additional 1,562 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of 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 period. Finally, Invenio Wealth Partners LLC raised its position in shares of WisdomTree Mortgage Plus Bond Fund by 9.0% during the third quarter. Invenio Wealth Partners LLC now owns 181,920 shares of the company’s stock worth $8,105,000 after purchasing an additional 15,041 shares during the period.

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.