WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 7,955 shares, an increase of 118.9% from the October 15th total of 3,634 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 22,316 shares, the short-interest ratio is presently 0.4 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in HYIN. Uhlmann Price Securities LLC acquired a new position in shares of WisdomTree Alternative Income Fund in the 3rd quarter valued at $2,701,000. WealthPLAN Partners LLC acquired a new stake in WisdomTree Alternative Income Fund during the 3rd quarter worth $567,000. WealthPlan Investment Management LLC increased its position in shares of WisdomTree Alternative Income Fund by 18.3% during the third quarter. WealthPlan Investment Management LLC now owns 487,470 shares of the company’s stock worth $6,220,000 after purchasing an additional 75,522 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in WisdomTree Alternative Income Fund by 17.3% in the 1st quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock valued at $966,000 after purchasing an additional 9,860 shares during the last quarter.
WisdomTree Alternative Income Fund Stock Up 0.3%
BATS HYIN traded up $0.04 during trading hours on Friday, hitting $11.76. 39,553 shares of the company were exchanged, compared to its average volume of 24,193. The company has a 50 day moving average of $12.70 and a two-hundred day moving average of $14.07. WisdomTree Alternative Income Fund has a 52-week low of $11.60 and a 52-week high of $16.53. The firm has a market cap of $43.51 million, a price-to-earnings ratio of 13.26 and a beta of 0.92.
WisdomTree Alternative Income Fund Company Profile
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
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