WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Sees Large Growth in Short Interest

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZDGet Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 22,404 shares, a growth of 137.9% from the June 30th total of 9,419 shares. Based on an average daily volume of 84,961 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

Large investors have recently modified their holdings of the stock. AXS Investments LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 52.3% during the first quarter. AXS Investments LLC now owns 107,225 shares of the company’s stock valued at $2,418,000 after purchasing an additional 36,830 shares during the last quarter. GreatBanc Trust CO acquired a new stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the 1st quarter worth about $638,000. Finally, JPMorgan Chase & Co. purchased a new stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the third quarter valued at about $99,000.

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

Shares of NASDAQ:AGZD opened at $22.56 on Thursday. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a 1-year low of $22.09 and a 1-year high of $22.88. The company has a 50 day moving average price of $22.63 and a 200 day moving average price of $22.58.

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

(Get Free Report)

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.

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