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

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 9,716 shares, a growth of 38.8% from the November 30th total of 7,000 shares. Based on an average trading volume of 5,269 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the company’s stock are short sold. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 5,269 shares, the short-interest ratio is currently 1.8 days.

WisdomTree Mortgage Plus Bond Fund Price Performance

MTGP traded down $0.01 on Tuesday, reaching $44.63. The company had a trading volume of 3,680 shares, compared to its average volume of 7,410. The stock has a 50-day moving average price of $44.76 and a 200-day moving average price of $44.42. WisdomTree Mortgage Plus Bond Fund has a 1 year low of $42.45 and a 1 year high of $45.48.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its position in WisdomTree Mortgage Plus Bond Fund by 21.9% in the 3rd quarter. Raymond James Financial Inc. now owns 28,037 shares of the company’s stock valued at $1,249,000 after buying an additional 5,037 shares during the last quarter. Invenio Wealth Partners LLC boosted its holdings 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 valued at $8,105,000 after acquiring an additional 15,041 shares in the last quarter. Empirical Asset Management LLC increased its stake in shares of WisdomTree Mortgage Plus Bond Fund by 12.2% during the third quarter. Empirical Asset Management LLC now owns 10,770 shares of the company’s stock worth $480,000 after acquiring an additional 1,168 shares during the period. Insight Advisors LLC PA increased its stake in shares of WisdomTree Mortgage Plus Bond Fund by 0.4% during the third quarter. Insight Advisors LLC PA now owns 96,284 shares of the company’s stock worth $4,290,000 after acquiring an additional 415 shares during the period. Finally, Wealthcare Advisory Partners LLC purchased a new position in WisdomTree Mortgage Plus Bond Fund during the third quarter worth about $300,000.

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.