WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) Sees Large Increase in Short Interest

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 41,984 shares, a growth of 29.6% from the December 31st total of 32,393 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,421 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 49,421 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.0% of the shares of the stock are short sold.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Trading Up 0.1%

AGZD stock opened at $22.58 on Monday. The firm has a 50 day moving average of $22.52 and a 200-day moving average of $22.46. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a 12-month low of $21.86 and a 12-month high of $22.77.

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were given a $0.065 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, January 27th.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

A number of hedge funds have recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV grew its stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund by 65.2% during the third quarter. Creative Financial Designs Inc. ADV now owns 26,644 shares of the company’s stock worth $599,000 after buying an additional 10,520 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund in the third quarter worth $99,000. Finally, Goodman Advisory Group LLC bought a new position in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund during the second quarter worth about $64,000.

About WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

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.