WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Short Interest Update

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,739 shares, a decrease of 71.5% from the June 30th total of 13,106 shares. Based on an average daily volume of 12,426 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

WisdomTree Mortgage Plus Bond Fund Stock Up 0.2%

Shares of MTGP traded up $0.08 during midday trading on Tuesday, reaching $43.87. 8,512 shares of the stock were exchanged, compared to its average volume of 10,619. WisdomTree Mortgage Plus Bond Fund has a 12-month low of $43.53 and a 12-month high of $46.17. The firm has a 50 day simple moving average of $44.00 and a 200-day simple moving average of $44.32.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTGP. Aptus Capital Advisors LLC bought a new stake in WisdomTree Mortgage Plus Bond Fund in the fourth quarter worth approximately $89,000. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree Mortgage Plus Bond Fund by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,107 shares of the company’s stock valued at $183,000 after purchasing an additional 487 shares during the last quarter. Gateway Wealth Partners LLC lifted its stake in shares of WisdomTree Mortgage Plus Bond Fund by 11.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,853 shares of the company’s stock valued at $261,000 after purchasing an additional 607 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 5.7% in the first quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock worth $264,000 after purchasing an additional 323 shares in the last quarter. Finally, Golden State Equity Partners boosted its holdings in WisdomTree Mortgage Plus Bond Fund by 36.7% in the fourth quarter. Golden State Equity Partners now owns 6,554 shares of the company’s stock worth $292,000 after purchasing an additional 1,760 shares in the last quarter.

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.