WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Large Increase in Short Interest

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 42,703 shares, a growth of 289.1% from the May 31st total of 10,975 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 64,091 shares, the short-interest ratio is presently 0.7 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of HYZD. CWM LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth about $37,000. NewEdge Advisors LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the second quarter valued at approximately $117,000. Private Trust Co. NA raised its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.1% during the 4th quarter. Private Trust Co. NA now owns 6,917 shares of the company’s stock worth $156,000 after purchasing an additional 905 shares during the period. Fifth Third Bancorp acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth approximately $182,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company’s stock worth $202,000 after purchasing an additional 766 shares during the last quarter.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock remained flat at $22.47 during trading hours on Friday. 22,169 shares of the stock were exchanged, compared to its average volume of 59,953. The business’s 50 day moving average price is $22.57 and its 200 day moving average price is $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $21.94 and a one year high of $22.81.

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.