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) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 19,441 shares, an increase of 21.7% from the December 15th total of 15,975 shares. Based on an average trading volume of 26,251 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 26,251 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of hedge funds have recently modified their holdings of the business. Elevation Capital Advisory LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth approximately $5,209,000. Vicus Capital raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 63.9% during the 3rd quarter. Vicus Capital now owns 112,475 shares of the company’s stock worth $2,528,000 after acquiring an additional 43,871 shares during the period. Global Retirement Partners LLC boosted 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 valued at $30,000 after acquiring an additional 1,117 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter valued at about $10,086,000. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter worth approximately $231,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.03 on Monday, hitting $22.65. The company’s stock had a trading volume of 123,613 shares, compared to its average volume of 63,610. The firm has a fifty day moving average price of $22.52 and a 200-day moving average price of $22.48. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1 year low of $20.65 and a 1 year high of $22.79.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Tuesday, October 28th were given a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11. The ex-dividend date was Tuesday, October 28th.

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.