WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Update

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 9,721 shares, a decline of 20.9% from the February 26th total of 12,292 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 7,288 shares, the days-to-cover ratio is presently 1.3 days.

WisdomTree Mortgage Plus Bond Fund Stock Performance

MTGP stock traded up $0.29 during trading on Monday, hitting $44.07. 6,042 shares of the stock traded hands, compared to its average volume of 13,701. WisdomTree Mortgage Plus Bond Fund has a 1 year low of $42.75 and a 1 year high of $45.48. The firm’s 50 day moving average is $44.60 and its two-hundred day moving average is $44.69.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vericrest Private Wealth purchased a new position in WisdomTree Mortgage Plus Bond Fund in the 4th quarter worth approximately $4,790,000. EJMK Ventures LLC purchased a new stake in WisdomTree Mortgage Plus Bond Fund during the 4th quarter valued at $1,457,000. WealthPoint Financial LLC bought a new stake in shares of WisdomTree Mortgage Plus Bond Fund in the 4th quarter worth $1,723,000. IHT Wealth Management LLC increased its holdings 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 worth $8,209,000 after purchasing an additional 11,165 shares in the last quarter. Finally, Mariner LLC purchased a new position in shares of WisdomTree Mortgage Plus Bond Fund in the fourth quarter worth $3,188,000.

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.