Short Interest in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Drops By 66.2%

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 9,419 shares, a decline of 66.2% from the June 15th total of 27,884 shares. Based on an average trading volume of 30,135 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AGZD. AXS Investments LLC grew its stake in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 52.3% in the first quarter. AXS Investments LLC now owns 107,225 shares of the company’s stock worth $2,418,000 after acquiring an additional 36,830 shares during the last quarter. GreatBanc Trust CO purchased a new position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the 1st quarter worth about $638,000. Finally, JPMorgan Chase & Co. bought a new position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the 3rd quarter worth about $99,000.

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

AGZD stock opened at $22.62 on Monday. The firm has a 50 day moving average price of $22.63 and a 200-day moving average price of $22.57. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a 52-week low of $22.09 and a 52-week high of $22.88.

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

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.