WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Update

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 211,100 shares, a growth of 9,952.4% from the March 31st total of 2,100 shares. Based on an average daily volume of 57,600 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.7% of the company's stock are sold short.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.16 during trading on Friday, hitting $21.82. 108,792 shares of the stock were exchanged, compared to its average volume of 44,270. The firm's 50-day moving average price is $21.95 and its 200 day moving average price is $22.25. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 12-month low of $20.65 and a 12-month high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Friday, April 25th will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, April 25th. This is a boost from WisdomTree Interest Rate Hedged High Yield Bond Fund's previous dividend of $0.11.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

Several institutional investors have recently modified their holdings of the stock. LPL Financial LLC lifted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% in the fourth quarter. LPL Financial LLC now owns 733,434 shares of the company's stock valued at $16,312,000 after acquiring an additional 140,009 shares during the last quarter. Elevation Capital Advisory LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at approximately $6,279,000. GeoWealth Management LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at approximately $6,279,000. Ameriprise Financial Inc. grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% during the 4th quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company's stock worth $4,682,000 after purchasing an additional 24,568 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 136,664 shares of the company's stock valued at $3,039,000 after purchasing an additional 11,507 shares during the last quarter.

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.

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