WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Update

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 29,700 shares, an increase of 53.9% from the January 31st total of 19,300 shares. Based on an average daily volume of 44,500 shares, the days-to-cover ratio is presently 0.7 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of HYZD stock traded down $0.03 during mid-day trading on Tuesday, reaching $22.17. 70,573 shares of the company’s stock traded hands, compared to its average volume of 59,668. The company’s 50-day moving average price is $22.45 and its 200-day moving average price is $22.31. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 12 month low of $21.33 and a 12 month high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were issued a $0.105 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Tuesday, February 25th.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Large investors have recently made changes to their positions in the business. Private Trust Co. NA bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at approximately $134,000. Prospera Financial Services Inc bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 3rd quarter worth about $324,000. Moloney Securities Asset Management LLC grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.8% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 14,637 shares of the company’s stock valued at $324,000 after purchasing an additional 1,055 shares during the last quarter. Legacy Capital Wealth Partners LLC bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at about $329,000. Finally, Oregon Pacific Wealth Management LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth approximately $476,000.

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.