Significant Rise in Short Interest for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

The WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (NASDAQ:AGZD - Get Free Report) has experienced a remarkable increase in short interest during December. As of December 15th, the total short interest reached 32,500 shares, marking a staggering growth of 673.8% compared to the 4,200 shares reported on November 30th. With an average daily trading volume of 82,600 shares, the current days-to-cover ratio stands at 0.4 days.

Institutional Investors Adjust Positions in the Fund

In recent developments, an institutional investor has notably strengthened its stake in the WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund. Goodman Advisory Group LLC raised its holdings in AGZD by 92.1% during the second quarter, as revealed in its latest 13F filing with the SEC. Following this adjustment, the firm now owns 138,892 shares, having acquired an additional 66,590 shares in the quarter. The fund constitutes approximately 0.9% of Goodman Advisory Group LLC's total investment portfolio, ranking as its 29th largest position. By the end of the most recent quarter, Goodman Advisory Group LLC held about 1.85% of AGZD, which was valued at approximately $3,097,000.

Recent Price Performance of AGZD

On Thursday, shares of NASDAQ:AGZD saw a decline of $0.12, bringing the price to $22.44. During the session, 23,944 shares exchanged hands, compared to an average trading volume of 66,398 shares. The fund's fifty-day moving average is currently $22.46, while the 200-day moving average stands at $22.34. Over the past year, AGZD has recorded a low of $21.69 and a high of $22.87.

Increased Dividend Announcement

The fund management has also announced a dividend, which is set to be paid on Monday, December 30th. Shareholders listed on record as of Thursday, December 26th, will receive a dividend of $0.1047. This indicates an increase from the previous dividend of $0.08. The ex-dividend date has been scheduled for Thursday, December 26th.

About the 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 primarily focusing on investment-grade fixed income securities. The fund tracks a long/short net-zero-duration bond index, which involves holding long positions in U.S. investment-grade bonds while shorting Treasury futures. Launched on December 18, 2013, AGZD is managed by WisdomTree.

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