WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Up 50.4% in July

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 128,369 shares, a growth of 50.4% from the July 15th total of 85,345 shares. Based on an average daily volume of 63,243 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.1% of the company’s stock are sold short.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock opened at $22.63 on Thursday. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1 year low of $21.94 and a 1 year high of $22.81. The firm’s 50-day simple moving average is $22.59 and its 200-day simple moving average is $22.51.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company’s stock valued at $202,000 after purchasing an additional 766 shares during the period. NewEdge Advisors LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter worth $117,000. Global Retirement Partners LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter worth $47,000. Fifth Third Bancorp acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter worth $182,000. Finally, Janney Montgomery Scott LLC increased its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 10.2% in the first quarter. Janney Montgomery Scott LLC now owns 48,738 shares of the company’s stock worth $1,073,000 after buying an additional 4,494 shares during the period.

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.