WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Down 53.2% in May

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 1,152 shares, a decline of 53.2% from the May 14th total of 2,463 shares. Based on an average daily trading volume, of 6,944 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of MTGP. Raymond James Financial Inc. grew its stake in 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 worth $1,021,000 after buying an additional 1,903 shares in the last quarter. Jane Street Group LLC grew its stake in 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 worth $3,030,000 after buying an additional 34,395 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in 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 worth $664,000 after buying an additional 1,562 shares in the last quarter. Atria Investments Inc grew its stake 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 in the last quarter. Finally, Oxinas Partners Wealth Management LLC grew its stake in WisdomTree Mortgage Plus Bond Fund by 4.5% in the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 45,293 shares of the company’s stock worth $2,018,000 after buying an additional 1,954 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Price Performance

MTGP stock traded up $0.07 during midday trading on Monday, reaching $44.20. The company had a trading volume of 8,721 shares, compared to its average volume of 10,162. WisdomTree Mortgage Plus Bond Fund has a 1 year low of $43.47 and a 1 year high of $45.48. The firm has a 50-day moving average price of $44.17 and a 200-day moving average price of $44.46.

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.