WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Significant Increase in Short Interest

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 51,100 shares, an increase of 296.1% from the November 30th total of 12,900 shares. Based on an average daily volume of 28,000 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Moloney Securities Asset Management LLC increased its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.4% during the second quarter. Moloney Securities Asset Management LLC now owns 13,582 shares of the company’s stock worth $297,000 after buying an additional 1,810 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 12.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 57,268 shares of the company’s stock valued at $1,252,000 after purchasing an additional 6,477 shares in the last quarter. Howard Capital Management Inc. grew its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.5% during the second quarter. Howard Capital Management Inc. now owns 29,055 shares of the company’s stock worth $635,000 after purchasing an additional 3,463 shares during the period. Duncan Williams Asset Management LLC bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter worth approximately $583,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 340.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 57,980 shares of the company’s stock valued at $1,284,000 after buying an additional 44,825 shares during the period.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

NASDAQ:HYZD traded down $0.07 during mid-day trading on Friday, reaching $22.27. 24,424 shares of the company’s stock were exchanged, compared to its average volume of 43,909. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $21.33 and a one year high of $22.63. The business’s fifty day simple moving average is $22.40 and its two-hundred day simple moving average is $22.13.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, December 30th. Investors of record on Thursday, December 26th will be given a dividend of $0.1273 per share. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous dividend of $0.12. The ex-dividend date of this dividend is Thursday, December 26th.

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.