WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) Sees Significant Increase in Short Interest

WisdomTree Mortgage Plus Bond Fund (NYSEARCA:MTGP) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 21,143 shares, an increase of 465.5% from the July 15th total of 3,739 shares. Based on an average daily trading volume, of 16,725 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.2% of the shares of the stock are sold short.

Institutional Trading of WisdomTree Mortgage Plus Bond Fund

Several large investors have recently modified their holdings of MTGP. WealthPoint Financial LLC increased its stake in shares of WisdomTree Mortgage Plus Bond Fund by 8.7% during the 1st 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 holdings in WisdomTree Mortgage Plus Bond Fund by 116.8% during 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 increased its position in WisdomTree Mortgage Plus Bond Fund by 7.0% during the first quarter. Cetera Investment Advisers now owns 9,764 shares of the company’s stock worth $432,000 after buying an additional 638 shares in the last quarter. Bank of New York Mellon Corp increased its position in WisdomTree Mortgage Plus Bond Fund by 5.7% during the first quarter. Bank of New York Mellon Corp now owns 5,963 shares of the company’s stock worth $264,000 after buying an additional 323 shares in the last quarter. Finally, Ascentis Independent Advisors raised its holdings in shares of WisdomTree Mortgage Plus Bond Fund by 99.9% in the first quarter. Ascentis Independent Advisors now owns 13,104 shares of the company’s stock worth $579,000 after acquiring an additional 6,550 shares during the last quarter.

WisdomTree Mortgage Plus Bond Fund Price Performance

Shares of WisdomTree Mortgage Plus Bond Fund stock traded up $0.05 on Wednesday, hitting $43.67. The company’s stock had a trading volume of 282 shares, compared to its average volume of 10,331. WisdomTree Mortgage Plus Bond Fund has a 52-week low of $43.50 and a 52-week high of $46.17. The firm has a fifty day moving average price of $43.94 and a 200-day moving average price of $44.24.

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.