Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Update

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 169,326 shares, an increase of 96.8% from the June 15th total of 86,047 shares. Based on an average daily trading volume, of 831,083 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of Credit Suisse High Yield Bond Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHY. Rockefeller Capital Management L.P. bought a new stake in Credit Suisse High Yield Bond Fund in the 4th quarter worth about $40,000. WealthTrust Asset Management LLC bought a new position in shares of Credit Suisse High Yield Bond Fund in the first quarter valued at approximately $41,000. Landscape Capital Management L.L.C. bought a new position in Credit Suisse High Yield Bond Fund in the 4th quarter worth about $51,000. Osaic Holdings Inc. grew its stake in Credit Suisse High Yield Bond Fund by 227.2% in the 2nd quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 17,101 shares in the last quarter. Finally, Integrity Advisory Solutions LLC grew its position in Credit Suisse High Yield Bond Fund by 24.9% in the fourth quarter. Integrity Advisory Solutions LLC now owns 26,501 shares of the real estate investment trust’s stock worth $53,000 after acquiring an additional 5,280 shares in the last quarter.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of DHY stock opened at $1.75 on Thursday. The company’s 50 day moving average price is $1.76 and its two-hundred day moving average price is $1.87. Credit Suisse High Yield Bond Fund has a 52 week low of $1.72 and a 52 week high of $2.14.

Credit Suisse High Yield Bond Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, July 23rd. Stockholders of record on Thursday, July 16th will be given a $0.0155 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend is Thursday, July 16th.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.