WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) Shares Shorted: Short Interest Up 1,273.5% in October

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 19,929 shares, a growth of 1,273.5% from the October 15th total of 1,451 shares. Based on an average trading volume of 25,020 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.4% of the company’s stock are sold short.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Price Performance

Shares of BATS:SHAG traded down $0.17 during midday trading on Tuesday, hitting $46.64. 6,483 shares of the stock were exchanged, compared to its average volume of 15,795. WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund has a 52-week low of $46.29 and a 52-week high of $48.28. The business’s fifty day simple moving average is $46.67 and its two-hundred day simple moving average is $47.35.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund stock. Bank of New York Mellon Corp grew its position in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) by 3.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,337 shares of the company’s stock after purchasing an additional 224 shares during the period. Bank of New York Mellon Corp owned about 0.82% of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund worth $349,000 at the end of the most recent quarter.

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

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.