WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Down 37.7% in August

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 13,166 shares, a decline of 37.7% from the July 30th total of 21,143 shares. Based on an average daily volume of 6,023 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.8% of the company’s stock are sold short.

WisdomTree Mortgage Plus Bond Fund Stock Performance

Shares of WisdomTree Mortgage Plus Bond Fund stock traded down $0.11 on Tuesday, hitting $43.35. 7,382 shares of the company’s stock traded hands, compared to its average volume of 10,077. The firm’s 50-day moving average is $43.84 and its 200 day moving average is $44.15. WisdomTree Mortgage Plus Bond Fund has a 52-week low of $43.35 and a 52-week high of $46.17.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MTGP. IHT Wealth Management LLC raised its stake in shares of WisdomTree Mortgage Plus Bond Fund by 6.4% in the 4th quarter. IHT Wealth Management LLC now owns 184,293 shares of the company’s stock valued at $8,209,000 after purchasing an additional 11,165 shares in the last quarter. Invenio Wealth Partners LLC increased its holdings in WisdomTree Mortgage Plus Bond Fund by 9.0% in the third quarter. Invenio Wealth Partners LLC now owns 181,920 shares of the company’s stock valued at $8,105,000 after buying an additional 15,041 shares during the last quarter. LPL Financial LLC raised its stake in WisdomTree Mortgage Plus Bond Fund by 34.2% during the fourth quarter. LPL Financial LLC now owns 130,133 shares of the company’s stock valued at $5,797,000 after buying an additional 33,140 shares in the last quarter. Vericrest Private Wealth acquired a new stake in WisdomTree Mortgage Plus Bond Fund during the fourth quarter valued at approximately $4,790,000. Finally, Insight Advisors LLC PA lifted its holdings in WisdomTree Mortgage Plus Bond Fund by 0.9% during the 4th quarter. Insight Advisors LLC PA now owns 97,196 shares of the company’s stock worth $4,330,000 after buying an additional 912 shares during the last quarter.

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.