WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 11,377 shares, a decrease of 59.9% from the August 31st total of 28,354 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 12,661 shares, the short-interest ratio is currently 0.9 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HYIN. Uhlmann Price Securities LLC purchased a new position in shares of WisdomTree Alternative Income Fund during the 1st quarter valued at $1,423,000. Prospera Financial Services Inc purchased a new stake in shares of WisdomTree Alternative Income Fund during the fourth quarter worth $344,000. Cetera Investment Advisers raised its holdings in shares of WisdomTree Alternative Income Fund by 17.3% during the first quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock worth $966,000 after acquiring an additional 9,860 shares in the last quarter. Finally, WealthPLAN Partners LLC boosted its position in WisdomTree Alternative Income Fund by 35.9% during the first quarter. WealthPLAN Partners LLC now owns 19,341 shares of the company’s stock valued at $279,000 after purchasing an additional 5,109 shares during the last quarter.
WisdomTree Alternative Income Fund Trading Down 0.9%
Shares of BATS HYIN opened at $12.86 on Tuesday. WisdomTree Alternative Income Fund has a one year low of $12.76 and a one year high of $17.00. The business has a 50-day moving average price of $14.00 and a two-hundred day moving average price of $14.27. The firm has a market capitalization of $45.01 million, a PE ratio of 9.57 and a beta of 0.99.
About WisdomTree Alternative Income Fund
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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