Short Interest in WisdomTree U.S. Corporate Bond Fund (BATS:QIG) Rises By 466.7%

WisdomTree U.S. Corporate Bond Fund (BATS:QIG) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 85 shares, an increase of 466.7% from the April 30th total of 15 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 160 shares, the days-to-cover ratio is presently 0.5 days.

WisdomTree U.S. Corporate Bond Fund Price Performance

QIG stock opened at $44.47 on Friday. The business has a fifty day moving average of $44.45 and a two-hundred day moving average of $44.89. WisdomTree U.S. Corporate Bond Fund has a 52-week low of $43.89 and a 52-week high of $45.87.

Institutional Investors Weigh In On WisdomTree U.S. Corporate Bond Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new stake in WisdomTree U.S. Corporate Bond Fund during the fourth quarter worth $30,000. Wealth Watch Advisors INC acquired a new stake in WisdomTree U.S. Corporate Bond Fund during the third quarter worth $59,000. Private Advisor Group LLC increased its stake in WisdomTree U.S. Corporate Bond Fund by 3.7% during the third quarter. Private Advisor Group LLC now owns 9,277 shares of the company’s stock worth $420,000 after acquiring an additional 330 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of WisdomTree U.S. Corporate Bond Fund by 9.1% in the second quarter. Raymond James Financial Inc. now owns 11,212 shares of the company’s stock valued at $501,000 after buying an additional 935 shares in the last quarter. Finally, NewSquare Capital LLC grew its stake in shares of WisdomTree U.S. Corporate Bond Fund by 4.9% in the third quarter. NewSquare Capital LLC now owns 12,081 shares of the company’s stock valued at $547,000 after buying an additional 563 shares in the last quarter.

WisdomTree U.S. Corporate Bond Fund Company Profile

The WisdomTree U.S. Corporate Bond Fund (QIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of investment grade, US corporate bonds. Constituents are selected and weighted by fundamental company and bond risk characteristics. QIG was launched on Apr 27, 2016 and is issued by WisdomTree.