WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) Sees Significant Growth in Short Interest

by · The Markets Daily

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 19,929 shares, a growth of 1,273.5% from the October 15th total of 1,451 shares. Based on an average daily volume of 25,020 shares, the short-interest ratio is currently 0.8 days. Currently, 1.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund stock. Bank of New York Mellon Corp grew its holdings in shares of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG – Free Report) by 3.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,337 shares of the company’s stock after acquiring an additional 224 shares during the quarter. Bank of New York Mellon Corp owned 0.82% of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund worth $349,000 at the end of the most recent quarter.

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund Trading Down 0.4%

Shares of SHAG opened at $46.64 on Wednesday. WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund has a 52-week low of $46.29 and a 52-week high of $48.28. The business’s fifty day moving average is $46.67 and its 200-day moving average is $47.35.

About WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

(Get Free Report)

The WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated investment-grade securities with maturities of less than five years. The index consists of 13 subcomponents weighted for yield-to-worst. SHAG was launched on May 18, 2017 and is managed by WisdomTree.

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