WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) Short Interest Up 628.5% in May

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAGGet Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 3,424 shares, an increase of 628.5% from the April 30th total of 470 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 4,407 shares, the short-interest ratio is presently 0.8 days.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Trading Up 0.1%

Shares of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund stock opened at $47.38 on Thursday. The firm’s 50-day moving average is $47.61 and its 200 day moving average is $47.90. WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund has a 1 year low of $47.30 and a 1 year high of $48.45.

Hedge Funds Weigh In On WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

Hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund by 3.1% during the 1st quarter. Bank of New York Mellon Corp now owns 7,337 shares of the company’s stock valued at $349,000 after acquiring an additional 224 shares during the period. Winch Advisory Services LLC lifted its stake in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund by 2.6% during the 1st quarter. Winch Advisory Services LLC now owns 10,122 shares of the company’s stock valued at $482,000 after acquiring an additional 260 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund during the 3rd quarter valued at about $887,000.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Company Profile

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The WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment-grade securities with maturities of less than five years. The index consists of 13 subcomponents weighted for yield-to-worst. SHAG was launched on May 18, 2017 and is managed by WisdomTree.

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