WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Up 50.4% in July

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 128,369 shares, an increase of 50.4% from the July 15th total of 85,345 shares. Based on an average daily trading volume, of 63,243 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.1% of the company’s stock are sold short.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of NASDAQ:HYZD traded down $0.01 during mid-day trading on Tuesday, hitting $22.62. 297,945 shares of the company traded hands, compared to its average volume of 68,593. The firm’s 50 day simple moving average is $22.59 and its 200 day simple moving average is $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52-week low of $21.94 and a 52-week high of $22.81.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HYZD. Systelligence LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at $7,810,000. LPL Financial LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% in the fourth quarter. LPL Financial LLC now owns 1,481,490 shares of the company’s stock worth $33,379,000 after acquiring an additional 325,481 shares in the last quarter. UBS Group AG boosted its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% in the fourth quarter. UBS Group AG now owns 1,517,433 shares of the company’s stock valued at $34,189,000 after purchasing an additional 131,931 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at about $2,126,000. Finally, Columbia Advisory Partners LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at approximately $1,970,000.

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.