Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Stock Short Interest Report for September

Key Points

• Short interest plunged 81.8% in September to 60,265 shares, representing about 0.5% of DHY’s outstanding stock and just 0.4 days of average trading volume.
• DHY opened at $16.24, below its 50-day and 200-day moving averages, while trading within a 52-week range of $15.00 to $21.20.
• The fund announced a monthly dividend of $0.155 per share, equivalent to $1.86 annually and an 11.5% yield; several institutional investors also increased or initiated positions.

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY - Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 60,265 shares, a decrease of 81.8% from the September 15th total of 331,254 shares. Based on an average trading volume of 150,659 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the company's stock are sold short.

Credit Suisse High Yield Bond Fund Trading Up 0.4%

NYSEAMERICAN:DHY opened at $16.24 on Friday. The company's 50 day moving average price is $16.82 and its 200-day moving average price is $17.49. Credit Suisse High Yield Bond Fund has a 52 week low of $15.00 and a 52 week high of $21.20.

Credit Suisse High Yield Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Thursday, October 15th will be issued a dividend of $0.1550 per share. This represents a $1.86 dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Thursday, October 15th.

Hedge Funds Weigh In On Credit Suisse High Yield Bond Fund

A number of institutional investors have recently bought and sold shares of DHY. Integrated Wealth Concepts LLC lifted its holdings in Credit Suisse High Yield Bond Fund by 533.1% during the second quarter. Integrated Wealth Concepts LLC now owns 141,972 shares of the real estate investment trust's stock valued at $253,000 after purchasing an additional 119,546 shares in the last quarter. Rareview Capital LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the second quarter worth $1,861,000. WealthTrust Asset Management LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund during the 1st quarter valued at $41,000. Integrated Advisors Network LLC raised its position in shares of Credit Suisse High Yield Bond Fund by 129.4% during the 1st quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust's stock valued at $185,000 after purchasing an additional 54,926 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Credit Suisse High Yield Bond Fund by 5.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 158,866 shares of the real estate investment trust's stock valued at $302,000 after purchasing an additional 8,837 shares during the period.

Credit Suisse High Yield Bond Fund Company Profile

Credit Suisse High Yield Bond Fund, Inc is a closed-end investment fund traded on the NYSE American under the symbol DHY. The fund seeks to provide investors with a high level of current income, with capital appreciation as a secondary objective, by investing primarily in high-yield corporate debt securities.

The fund's portfolio generally consists of below-investment-grade bonds, commonly known as high-yield or “junk” bonds. These securities are issued by companies across a range of industries and may include debt issued by U.S.

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