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 recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 22,600 shares, an increase of 1,406.7% from the March 31st total of 1,500 shares. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

An institutional investor recently raised its position in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund stock. Front Row Advisors LLC increased its stake in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD) by 58.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,442 shares of the company’s stock after acquiring an additional 905 shares during the quarter. Front Row Advisors LLC’s holdings in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund were worth $54,000 at the end of the most recent reporting period.

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

Shares of NASDAQ AGZD opened at $22.20 on Friday. The firm has a fifty day moving average of $22.11 and a 200 day moving average of $22.08. WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund has a one year low of $21.60 and a one year high of $22.59.

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

The business also recently declared a dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, April 25th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, April 24th. This is a positive change from WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund’s previous dividend of $0.07.

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.