WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Large Growth in Short Interest

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 83,775 shares, a growth of 330.9% from the December 31st total of 19,441 shares. Based on an average daily volume of 57,558 shares, the short-interest ratio is presently 1.5 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 57,558 shares, the short-interest ratio is presently 1.5 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Down 0.4%

NASDAQ:HYZD opened at $22.61 on Wednesday. WisdomTree Interest Rate Hedged High Yield Bond Fund has a twelve month low of $20.65 and a twelve month high of $22.81. The stock’s 50 day moving average price is $22.56 and its two-hundred day moving average price is $22.49.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be issued a $0.105 dividend. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Tuesday, January 27th.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

Institutional investors have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter worth $10,086,000. Elevation Capital Advisory LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter valued at about $5,209,000. Savvy Advisors Inc. bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth about $3,222,000. Howard Capital Management Inc. raised its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 128.2% in the 3rd quarter. Howard Capital Management Inc. now owns 87,540 shares of the company’s stock worth $1,968,000 after purchasing an additional 49,186 shares in the last quarter. Finally, Vicus Capital boosted its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 63.9% in the 3rd quarter. Vicus Capital now owns 112,475 shares of the company’s stock valued at $2,528,000 after purchasing an additional 43,871 shares during the period.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

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.