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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 65,300 shares, a growth of 26.3% from the March 31st total of 51,700 shares. Based on an average daily trading volume, of 56,900 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Several institutional investors and hedge funds have recently made changes to their positions in HYZD. Sandy Spring Bank purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 3rd quarter valued at about $52,000. Melone Private Wealth LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $207,000. Atria Wealth Solutions Inc. purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $211,000. Strategic Blueprint LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 1st quarter valued at about $215,000. Finally, Avantax Advisory Services Inc. purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $232,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded up $0.08 on Friday, hitting $21.99. The company’s stock had a trading volume of 74,583 shares, compared to its average volume of 56,147. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52-week low of $20.10 and a 52-week high of $22.30. The firm has a fifty day moving average price of $21.93 and a 200-day moving average price of $21.63.

WisdomTree Interest Rate Hedged High Yield Bond Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, April 25th will be given a $0.11 dividend. The ex-dividend date is Wednesday, April 24th. This represents a $1.32 annualized dividend and a dividend yield of 6.00%.

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.