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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 86,211 shares, a growth of 526.0% from the January 29th total of 13,772 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average trading volume of 65,867 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 65,867 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.9% of the company’s shares are sold short.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of hedge funds have recently added to or reduced their stakes in HYZD. MML Investors Services LLC boosted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 50.2% in the 4th quarter. MML Investors Services LLC now owns 132,566 shares of the company’s stock valued at $2,987,000 after buying an additional 44,311 shares during the period. Kestra Advisory Services LLC increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 54.7% in the 4th quarter. Kestra Advisory Services LLC now owns 129,689 shares of the company’s stock worth $2,922,000 after acquiring an additional 45,844 shares during the period. Stifel Financial Corp boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.1% during the 4th quarter. Stifel Financial Corp now owns 60,223 shares of the company’s stock worth $1,357,000 after acquiring an additional 2,366 shares during the period. Integrated Wealth Concepts LLC lifted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 3.9% during the fourth quarter. Integrated Wealth Concepts LLC now owns 159,503 shares of the company’s stock valued at $3,594,000 after purchasing an additional 5,985 shares during the last quarter. Finally, Alchemi Wealth LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at about $374,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Down 0.1%

Shares of NASDAQ:HYZD opened at $22.44 on Thursday. The company has a 50 day moving average of $22.59 and a two-hundred day moving average of $22.52. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52-week low of $20.65 and a 52-week high of $22.81.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, February 24th. This represents a c) annualized dividend and a yield of 5.3%.

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.