Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Up 185.4% in March

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 109,300 shares, an increase of 185.4% from the March 15th total of 38,300 shares. Based on an average daily volume of 575,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DHY. Park Avenue Securities LLC raised its holdings in Credit Suisse High Yield Bond Fund by 1.6% in the 3rd quarter. Park Avenue Securities LLC now owns 472,814 shares of the real estate investment trust’s stock valued at $889,000 after buying an additional 7,504 shares during the last quarter. Nomura Holdings Inc. bought a new position in Credit Suisse High Yield Bond Fund in the 2nd quarter valued at approximately $56,000. UBS Group AG raised its holdings in Credit Suisse High Yield Bond Fund by 87.0% in the 3rd quarter. UBS Group AG now owns 31,235 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 14,535 shares during the last quarter. MML Investors Services LLC raised its holdings in Credit Suisse High Yield Bond Fund by 54.5% in the 3rd quarter. MML Investors Services LLC now owns 19,837 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 6,996 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new position in Credit Suisse High Yield Bond Fund in the 1st quarter valued at approximately $33,000.

Credit Suisse High Yield Bond Fund Stock Down 2.9 %

DHY stock traded down $0.06 during midday trading on Friday, reaching $2.00. The company had a trading volume of 549,691 shares, compared to its average volume of 552,945. Credit Suisse High Yield Bond Fund has a 1-year low of $1.78 and a 1-year high of $2.08.

Credit Suisse High Yield Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, April 22nd. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.0155 per share. This represents a $0.19 annualized dividend and a yield of 9.30%. The ex-dividend date is Monday, April 15th.

Credit Suisse High Yield Bond Fund Company Profile

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.