WisdomTree Alternative Income Fund (BATS:HYIN) Short Interest Update

WisdomTree Alternative Income Fund (BATS:HYIN) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 64,892 shares, a growth of 83.2% from the June 15th total of 35,428 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily volume of 27,897 shares, the days-to-cover ratio is currently 2.3 days.

WisdomTree Alternative Income Fund Trading Down 1.2%

HYIN stock opened at $14.37 on Friday. WisdomTree Alternative Income Fund has a 1-year low of $13.81 and a 1-year high of $17.86. The business’s 50 day moving average is $14.26 and its 200-day moving average is $14.86. The firm has a market cap of $50.30 million, a P/E ratio of 9.57 and a beta of 0.99.

Hedge Funds Weigh In On WisdomTree Alternative Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of WisdomTree Alternative Income Fund during the 3rd quarter worth approximately $45,000. Kestra Advisory Services LLC bought a new position in WisdomTree Alternative Income Fund in the fourth quarter valued at approximately $80,000. Osaic Holdings Inc. increased its stake in WisdomTree Alternative Income Fund by 18.9% in the fourth quarter. Osaic Holdings Inc. now owns 12,869 shares of the company’s stock valued at $204,000 after acquiring an additional 2,047 shares during the last quarter. WealthPLAN Partners LLC acquired a new position in WisdomTree Alternative Income Fund during the fourth quarter valued at approximately $226,000. Finally, Breachway Investments LLC acquired a new position in WisdomTree Alternative Income Fund during the fourth quarter valued at approximately $313,000.

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.