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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 20,100 shares, a growth of 71.8% from the February 28th total of 11,700 shares. Based on an average trading volume of 55,700 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Down 0.5 %

WisdomTree Interest Rate Hedged High Yield Bond Fund stock opened at $21.92 on Monday. The business’s 50-day simple moving average is $22.36 and its two-hundred day simple moving average is $22.34. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $21.33 and a fifty-two week high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 26th. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11. This represents a $1.50 dividend on an annualized basis and a yield of 6.84%.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

Large investors have recently made changes to their positions in the business. Elevation Capital Advisory LLC purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at about $6,279,000. GeoWealth Management LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth approximately $6,279,000. LPL Financial LLC increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% during the 4th quarter. LPL Financial LLC now owns 733,434 shares of the company’s stock valued at $16,312,000 after purchasing an additional 140,009 shares in the last quarter. Vicus Capital acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at $2,536,000. Finally, Raymond James Financial Inc. acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at $1,482,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

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.