WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) Short Interest Down 79.4% in May

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (BATS:SHAG) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 707 shares, a drop of 79.4% from the May 14th total of 3,424 shares. Based on an average daily trading volume, of 5,236 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its holdings in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund by 3.1% in the first quarter. Bank of New York Mellon Corp now owns 7,337 shares of the company’s stock worth $349,000 after buying an additional 224 shares during the period. Winch Advisory Services LLC increased its stake in shares of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund by 2.6% during the first quarter. Winch Advisory Services LLC now owns 10,122 shares of the company’s stock valued at $482,000 after purchasing an additional 260 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund during the third quarter valued at approximately $887,000.

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

Shares of SHAG opened at $47.34 on Wednesday. WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund has a one year low of $47.22 and a one year high of $48.45. The company has a 50-day simple moving average of $47.57 and a two-hundred day simple moving average of $47.86.

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

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.