Short Interest in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Increases By 96.8%

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 169,326 shares, a growth of 96.8% from the June 15th total of 86,047 shares. Based on an average daily trading volume, of 831,083 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. lifted its position in Credit Suisse High Yield Bond Fund by 227.2% in the second quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 17,101 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $51,000. Janney Montgomery Scott LLC boosted its position in shares of Credit Suisse High Yield Bond Fund by 5.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 158,866 shares of the real estate investment trust’s stock valued at $302,000 after purchasing an additional 8,837 shares in the last quarter. WealthTrust Asset Management LLC acquired a new position in shares of Credit Suisse High Yield Bond Fund in the 1st quarter worth approximately $41,000. Finally, Rockefeller Capital Management L.P. bought a new stake in Credit Suisse High Yield Bond Fund during the fourth quarter worth approximately $40,000.

Credit Suisse High Yield Bond Fund Stock Up 1.2%

Credit Suisse High Yield Bond Fund stock traded up $0.02 during mid-day trading on Friday, hitting $1.74. 3,986,987 shares of the company’s stock traded hands, compared to its average volume of 704,773. Credit Suisse High Yield Bond Fund has a one year low of $1.72 and a one year high of $2.14. The firm has a 50 day moving average price of $1.76 and a 200 day moving average price of $1.86.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 23rd. Investors of record on Thursday, July 16th will be issued a $0.0155 dividend. The ex-dividend date of this dividend is Thursday, July 16th. This represents a c) annualized dividend and a yield of 10.7%.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.