WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Significant Decrease in Short Interest

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 808 shares, a decline of 23.1% from the January 15th total of 1,051 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,943 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 18,943 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently raised its stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC lifted its stake in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) by 55.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,890 shares of the company’s stock after acquiring an additional 6,057 shares during the period. West Michigan Advisors LLC owned 0.06% of WisdomTree Voya Yield Enhanced USD Universal Bond Fund worth $822,000 as of its most recent SEC filing.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Performance

UNIY traded up $0.13 during midday trading on Tuesday, reaching $49.53. 3 shares of the company’s stock were exchanged, compared to its average volume of 30,743. WisdomTree Voya Yield Enhanced USD Universal Bond Fund has a 1-year low of $47.70 and a 1-year high of $49.87. The business’s 50-day moving average price is $49.15 and its 200 day moving average price is $49.23.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

About WisdomTree Voya Yield Enhanced USD Universal Bond Fund

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield. UNIY was launched on Feb 7, 2023 and is managed by WisdomTree.