Short Interest in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Drops By 54.2%

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 19,240 shares, a drop of 54.2% from the January 15th total of 41,984 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 30,948 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 30,948 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV increased its position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 65.2% during the third quarter. Creative Financial Designs Inc. ADV now owns 26,644 shares of the company’s stock worth $599,000 after acquiring an additional 10,520 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the 3rd quarter worth $99,000. Finally, Goodman Advisory Group LLC bought a new position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the 2nd quarter worth about $64,000.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Price Performance

NASDAQ:AGZD opened at $22.51 on Friday. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a 1 year low of $21.86 and a 1 year high of $22.77. The stock has a 50-day moving average price of $22.54 and a two-hundred day moving average price of $22.47.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were given a $0.065 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 3.5%.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Company Profile

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a long\u002Fshort net-zero-duration bond index that’s long US investment-grade issues and short Treasury futures. AGZD was launched on Dec 18, 2013 and is managed by WisdomTree.