WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Up 190.3% in June

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 13,106 shares, a growth of 190.3% from the June 15th total of 4,514 shares. Based on an average daily trading volume, of 6,846 shares, the short-interest ratio is presently 1.9 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its stake in WisdomTree Mortgage Plus Bond Fund by 5.7% in the 1st quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after buying an additional 323 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in WisdomTree Mortgage Plus Bond Fund by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock worth $183,000 after purchasing an additional 487 shares during the period. Gateway Wealth Partners LLC boosted its stake in WisdomTree Mortgage Plus Bond Fund by 11.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock worth $261,000 after purchasing an additional 607 shares during the period. Cetera Investment Advisers grew its holdings in WisdomTree Mortgage Plus Bond Fund by 7.0% during the 1st quarter. Cetera Investment Advisers now owns 9,764 shares of the company’s stock valued at $432,000 after buying an additional 638 shares in the last quarter. Finally, RFG Advisory LLC boosted its position in shares of WisdomTree Mortgage Plus Bond Fund by 1.8% in the fourth quarter. RFG Advisory LLC now owns 44,134 shares of the company’s stock valued at $1,966,000 after acquiring an additional 775 shares during the period.

WisdomTree Mortgage Plus Bond Fund Stock Performance

MTGP stock traded down $0.01 during mid-day trading on Wednesday, hitting $43.98. The company had a trading volume of 37,497 shares, compared to its average volume of 10,088. WisdomTree Mortgage Plus Bond Fund has a 12 month low of $43.47 and a 12 month high of $45.48. The stock’s fifty day moving average price is $44.05 and its two-hundred day moving average price is $44.37.

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.