WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Sees Significant Drop in Short Interest

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 9,725 shares, a decline of 51.9% from the April 30th total of 20,211 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 23,203 shares, the days-to-cover ratio is currently 0.4 days.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Stock Up 0.0%

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund stock opened at $22.66 on Wednesday. The stock’s 50 day simple moving average is $22.59 and its two-hundred day simple moving average is $22.54. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a fifty-two week low of $22.09 and a fifty-two week high of $22.88.

Institutional Trading of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

Several large investors have recently bought and sold shares of AGZD. JPMorgan Chase & Co. bought a new stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the 3rd quarter valued at approximately $99,000. Creative Financial Designs Inc. ADV boosted its position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 65.2% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 26,644 shares of the company’s stock worth $599,000 after purchasing an additional 10,520 shares in the last quarter. GreatBanc Trust CO bought a new stake in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the 1st quarter worth approximately $638,000. Finally, AXS Investments LLC boosted its position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 52.3% in the 1st quarter. AXS Investments LLC now owns 107,225 shares of the company’s stock worth $2,418,000 after purchasing an additional 36,830 shares in the last quarter.

About WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a long\u002Fshort net-zero-duration bond index that’s long US investment-grade issues and short Treasury futures. AGZD was launched on Dec 18, 2013 and is managed by WisdomTree.