WisdomTree U.S. Corporate Bond Fund (BATS:QIG) Sees Significant Increase in Short Interest

WisdomTree U.S. Corporate Bond Fund (BATS:QIG) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 2,765 shares, a growth of 753.4% from the July 15th total of 324 shares. Based on an average trading volume of 1,921 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC lifted its holdings in WisdomTree U.S. Corporate Bond Fund by 3.7% in the 3rd quarter. Private Advisor Group LLC now owns 9,277 shares of the company’s stock worth $420,000 after buying an additional 330 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of WisdomTree U.S. Corporate Bond Fund during the fourth quarter valued at approximately $30,000. Raymond James Financial Inc. raised its holdings in shares of WisdomTree U.S. Corporate Bond Fund by 9.1% during the second quarter. Raymond James Financial Inc. now owns 11,212 shares of the company’s stock valued at $501,000 after acquiring an additional 935 shares in the last quarter. Wealth Watch Advisors INC bought a new position in shares of WisdomTree U.S. Corporate Bond Fund during the third quarter valued at approximately $59,000. Finally, Jane Street Group LLC lifted its stake in WisdomTree U.S. Corporate Bond Fund by 3.6% in the first quarter. Jane Street Group LLC now owns 64,032 shares of the company’s stock worth $2,839,000 after acquiring an additional 2,197 shares during the period.

WisdomTree U.S. Corporate Bond Fund Stock Performance

Shares of BATS:QIG traded up $0.02 during midday trading on Tuesday, hitting $43.58. 239 shares of the stock traded hands, compared to its average volume of 1,111. The business’s 50 day moving average is $44.12 and its two-hundred day moving average is $44.51. WisdomTree U.S. Corporate Bond Fund has a one year low of $43.42 and a one year high of $45.87.

WisdomTree U.S. Corporate Bond Fund Company Profile

The WisdomTree U.S. Corporate Bond Fund (QIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of investment grade, US corporate bonds. Constituents are selected and weighted by fundamental company and bond risk characteristics. QIG was launched on Apr 27, 2016 and is issued by WisdomTree.