WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Significant Increase in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 21,143 shares, a growth of 465.5% from the July 15th total of 3,739 shares. Based on an average daily trading volume, of 16,725 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.2% of the company’s stock are sold short.

Institutional Investors Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of hedge funds have recently bought and sold shares of the business. IHT Wealth Management LLC raised its position 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 valued at $8,209,000 after purchasing an additional 11,165 shares in the last quarter. Invenio Wealth Partners LLC increased its stake in shares of WisdomTree Mortgage Plus Bond Fund by 9.0% in the third quarter. Invenio Wealth Partners LLC now owns 181,920 shares of the company’s stock worth $8,105,000 after buying an additional 15,041 shares during the last quarter. LPL Financial LLC raised its holdings in WisdomTree Mortgage Plus Bond Fund by 34.2% in the fourth quarter. LPL Financial LLC now owns 130,133 shares of the company’s stock valued at $5,797,000 after acquiring an additional 33,140 shares in the last quarter. Vericrest Private Wealth bought a new position in WisdomTree Mortgage Plus Bond Fund during the 4th quarter valued at $4,790,000. Finally, Insight Advisors LLC PA grew its holdings in WisdomTree Mortgage Plus Bond Fund by 0.9% during the 4th quarter. Insight Advisors LLC PA now owns 97,196 shares of the company’s stock worth $4,330,000 after acquiring an additional 912 shares in the last quarter.

WisdomTree Mortgage Plus Bond Fund Price Performance

NYSEARCA:MTGP opened at $43.76 on Friday. The firm has a 50-day moving average of $43.93 and a two-hundred day moving average of $44.23. WisdomTree Mortgage Plus Bond Fund has a 1-year low of $43.50 and a 1-year high of $46.17.

WisdomTree Mortgage Plus Bond Fund Company Profile

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.