WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) Short Interest Up 628.5% in May

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,424 shares, a growth of 628.5% from the April 30th total of 470 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 4,407 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Flow Traders U.S. LLC purchased a new stake in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund in the 3rd quarter worth approximately $887,000. Bank of New York Mellon Corp increased its holdings in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund by 3.1% in the 1st quarter. Bank of New York Mellon Corp now owns 7,337 shares of the company’s stock worth $349,000 after acquiring an additional 224 shares in the last quarter. Finally, Winch Advisory Services LLC increased its holdings in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund by 2.6% in the 1st quarter. Winch Advisory Services LLC now owns 10,122 shares of the company’s stock worth $482,000 after acquiring an additional 260 shares in the last quarter.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Stock Performance

SHAG opened at $47.38 on Thursday. The company’s 50-day simple moving average is $47.61 and its two-hundred day simple moving average is $47.90. WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund has a 52-week low of $47.30 and a 52-week high of $48.45.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Company Profile

The WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment-grade securities with maturities of less than five years. The index consists of 13 subcomponents weighted for yield-to-worst. SHAG was launched on May 18, 2017 and is managed by WisdomTree.