WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Large Growth in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 2,463 shares, an increase of 171.0% from the April 30th total of 909 shares. Based on an average daily volume of 6,878 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

WisdomTree Mortgage Plus Bond Fund Price Performance

Shares of WisdomTree Mortgage Plus Bond Fund stock traded up $0.08 on Friday, hitting $44.06. The company’s stock had a trading volume of 10,198 shares, compared to its average volume of 10,527. WisdomTree Mortgage Plus Bond Fund has a 1 year low of $43.14 and a 1 year high of $45.48. The firm has a fifty day moving average price of $44.19 and a 200-day moving average price of $44.52.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

Several institutional investors and hedge funds have recently modified their holdings of MTGP. Raymond James Financial Inc. increased its stake in shares of 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 valued at $1,021,000 after purchasing an additional 1,903 shares in the last quarter. Jane Street Group LLC increased its stake in shares of 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 valued at $3,030,000 after purchasing an additional 34,395 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of 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 valued at $664,000 after purchasing an additional 1,562 shares in the last quarter. RFG Advisory LLC boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 0.9% in the 3rd quarter. RFG Advisory LLC now owns 43,359 shares of the company’s stock worth $1,932,000 after buying an additional 394 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings 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 last quarter.

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.