WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD – Get Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 44,007 shares, a decrease of 57.5% from the August 15th total of 103,490 shares. Based on an average trading volume of 118,053 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.
WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance
Shares of NASDAQ HYZD traded down $0.08 during trading hours on Monday, hitting $22.53. 151,107 shares of the stock were exchanged, compared to its average volume of 69,990. The company’s fifty day simple moving average is $22.61 and its two-hundred day simple moving average is $22.52. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1-year low of $21.94 and a 1-year high of $22.81.
Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 24.4% during the 1st quarter. Cetera Investment Advisers now owns 191,434 shares of the company’s stock worth $4,213,000 after buying an additional 37,557 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at about $2,126,000. Fifth Third Bancorp bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at about $182,000. Kestra Advisory Services LLC grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.3% in the first quarter. Kestra Advisory Services LLC now owns 139,173 shares of the company’s stock valued at $3,063,000 after acquiring an additional 9,484 shares during the last quarter. Finally, Columbia Advisory Partners LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the first quarter worth about $1,970,000.
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.
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