Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Expands By 526.0%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 86,211 shares, a growth of 526.0% from the January 29th total of 13,772 shares. Based on an average daily trading volume, of 65,867 shares, the short-interest ratio is presently 1.3 days. Approximately 0.9% of the company’s stock are short sold. Approximately 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 65,867 shares, the short-interest ratio is presently 1.3 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of NASDAQ:HYZD traded down $0.07 during mid-day trading on Wednesday, hitting $22.39. 38,177 shares of the company traded hands, compared to its average volume of 59,489. The firm’s 50 day simple moving average is $22.59 and its 200 day simple moving average is $22.52. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52-week low of $20.65 and a 52-week high of $22.81.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HYZD. AE Wealth Management LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth $28,000. Global Retirement Partners LLC boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% in the 3rd quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock valued at $30,000 after buying an additional 1,117 shares during the last quarter. CWM LLC acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at about $37,000. NewEdge Advisors LLC purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the second quarter worth about $117,000. Finally, Private Trust Co. NA lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.1% in the fourth quarter. Private Trust Co. NA now owns 6,917 shares of the company’s stock worth $156,000 after acquiring an additional 905 shares in 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.