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

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 21,143 shares, an increase of 465.5% from the July 15th total of 3,739 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily volume of 16,725 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of WisdomTree Mortgage Plus Bond Fund

Hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC acquired a new position in WisdomTree Mortgage Plus Bond Fund in the 4th quarter valued at $89,000. JPMorgan Chase & Co. boosted its holdings 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 last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of 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 boosted its holdings in shares of 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 grew its position in shares of WisdomTree Mortgage Plus Bond Fund by 36.7% in the fourth quarter. Golden State Equity Partners now owns 6,554 shares of the company’s stock valued at $292,000 after purchasing an additional 1,760 shares during the period.

WisdomTree Mortgage Plus Bond Fund Trading Up 0.1%

MTGP stock traded up $0.05 during trading on Wednesday, hitting $43.67. The stock had a trading volume of 282 shares, compared to its average volume of 10,331. The company’s 50 day moving average price is $43.94 and its two-hundred day moving average price is $44.24. WisdomTree Mortgage Plus Bond Fund has a 1-year low of $43.50 and a 1-year high of $46.17.

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.