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 large increase in short interest during the month of January. As of January 15th, there was short interest totaling 83,775 shares, an increase of 330.9% from the December 31st total of 19,441 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 57,558 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 57,558 shares, the short-interest ratio is currently 1.5 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. AE Wealth Management LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the third quarter worth $28,000. Global Retirement Partners LLC grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% in the third quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock worth $30,000 after purchasing an additional 1,117 shares in the last quarter. CWM LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth $37,000. Ameritas Advisory Services LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the second quarter valued at $52,000. Finally, NewEdge Advisors LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the second quarter valued at about $117,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.02 during trading on Thursday, reaching $22.56. The company had a trading volume of 51,275 shares, compared to its average volume of 56,514. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $20.65 and a fifty-two week high of $22.81. The firm’s fifty day moving average is $22.56 and its 200-day moving average is $22.49.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be issued a dividend of $0.105 per share. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, January 27th.

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.