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

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 23,697 shares, a growth of 316.5% from the March 31st total of 5,689 shares. Based on an average daily volume of 36,058 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the shares of the stock are sold short.

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

Shares of AGZD opened at $22.61 on Friday. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a twelve month low of $22.05 and a twelve month high of $22.77. The company’s fifty day simple moving average is $22.54 and its 200-day simple moving average is $22.52.

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

An institutional investor recently bought a new position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund stock. JPMorgan Chase & Co. bought a new stake in shares of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,418 shares of the company’s stock, valued at approximately $99,000. JPMorgan Chase & Co. owned approximately 0.11% of WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund at the end of the most recent reporting period.

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.