WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Down 83.6% in January

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 13,772 shares, a decrease of 83.6% from the January 15th total of 83,775 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 77,958 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 77,958 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock 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. Howard Capital Management Inc. raised its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 128.2% during the third quarter. Howard Capital Management Inc. now owns 87,540 shares of the company’s stock worth $1,968,000 after acquiring an additional 49,186 shares during the period. AE Wealth Management LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter valued at approximately $28,000. Elevation Capital Advisory LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the third quarter valued at approximately $5,209,000. Vicus Capital grew its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 63.9% during the third 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 last quarter. Finally, Global Retirement Partners LLC raised its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% during the 3rd quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock worth $30,000 after purchasing an additional 1,117 shares during the period.

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

WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.03 during midday trading on Thursday, hitting $22.58. The stock had a trading volume of 83,120 shares, compared to its average volume of 65,528. The business has a fifty day moving average price of $22.59 and a 200 day moving average price of $22.50. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 12 month low of $20.65 and a 12 month high of $22.81.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a $0.105 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Tuesday, January 27th.

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.