WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Stock Short Interest Falls 85.6%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 6,335 shares, a drop of 85.6% from the August 31st total of 44,007 shares. Based on an average daily volume of 61,421 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HYZD. Systelligence LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter worth approximately $7,810,000. Envestnet Asset Management Inc. raised its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 338,740 shares of the company’s stock valued at $7,624,000 after purchasing an additional 3,566 shares during the period. Cetera Investment Advisers lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 24.4% in the 1st quarter. Cetera Investment Advisers now owns 191,434 shares of the company’s stock valued at $4,213,000 after purchasing an additional 37,557 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 185,404 shares of the company’s stock valued at $4,173,000 after purchasing an additional 15,442 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.3% during the 1st quarter. Kestra Advisory Services LLC now owns 139,173 shares of the company’s stock worth $3,063,000 after purchasing an additional 9,484 shares during the period.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

NASDAQ:HYZD traded down $0.18 on Friday, hitting $22.41. The stock had a trading volume of 47,891 shares, compared to its average volume of 71,547. The company has a fifty day moving average price of $22.61 and a two-hundred day moving average price of $22.53. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1-year low of $21.94 and a 1-year high of $22.81.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a long\u002Fshort net-zero duration bond index that’s long US high-yield issues and short Treasury futures. HYZD was launched on Dec 18, 2013 and is managed by WisdomTree.