Short Interest in WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Rises By 190.3%

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 13,106 shares, an increase of 190.3% from the June 15th total of 4,514 shares. Based on an average daily trading volume, of 6,846 shares, the short-interest ratio is currently 1.9 days. Approximately 0.9% of the company’s stock are sold short.

WisdomTree Mortgage Plus Bond Fund Trading Up 0.4%

Shares of NYSEARCA:MTGP traded up $0.16 on Tuesday, hitting $43.99. 37,497 shares of the company’s stock were exchanged, compared to its average volume of 10,088. WisdomTree Mortgage Plus Bond Fund has a 1-year low of $43.47 and a 1-year high of $45.48. The firm’s 50-day moving average is $44.05 and its 200 day moving average is $44.37.

Hedge Funds Weigh In On WisdomTree Mortgage Plus Bond Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTGP. WealthPoint Financial LLC raised its holdings in WisdomTree Mortgage Plus Bond Fund by 8.7% during the first quarter. WealthPoint Financial LLC now owns 42,070 shares of the company’s stock worth $1,860,000 after purchasing an additional 3,384 shares in the last quarter. Gateway Wealth Partners LLC grew its position in shares of WisdomTree Mortgage Plus Bond Fund by 116.8% in the 1st quarter. Gateway Wealth Partners LLC now owns 12,690 shares of the company’s stock valued at $561,000 after buying an additional 6,837 shares during the last quarter. Cetera Investment Advisers grew its position in shares of WisdomTree Mortgage Plus Bond Fund by 7.0% in the 1st quarter. Cetera Investment Advisers now owns 9,764 shares of the company’s stock valued at $432,000 after buying an additional 638 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of WisdomTree Mortgage Plus Bond Fund by 5.7% in the 1st quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock valued at $264,000 after buying an additional 323 shares during the last quarter. Finally, Ascentis Independent Advisors raised its stake in WisdomTree Mortgage Plus Bond Fund by 99.9% during the 1st quarter. Ascentis Independent Advisors now owns 13,104 shares of the company’s stock worth $579,000 after acquiring an additional 6,550 shares in the last quarter.

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.