WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Down 57.5% in August

Key Points

• Short interest fell 57.5% in August to 44,007 shares, representing 0.4% of HYZD’s shares outstanding and just 0.4 days of average trading volume.
• HYZD opened at $22.61, near its 50-day moving average of $22.61 and 200-day average of $22.52; its 12-month trading range is $21.94 to $22.81.
• Institutional ownership increased, with LPL Financial raising its stake 28.2% and several other investment firms also adding shares. HYZD is an ETF focused on high-yield bonds while using short Treasury futures to maintain near-zero interest-rate duration.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - ) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 44,007 shares, a decline of 57.5% from the August 15th total of 103,490 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 118,053 shares, the short-interest ratio is currently 0.4 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

NASDAQ HYZD opened at $22.61 on Friday. WisdomTree Interest Rate Hedged High Yield Bond Fund has a twelve month low of $21.94 and a twelve month high of $22.81. The stock has a 50-day simple moving average of $22.61 and a 200 day simple moving average of $22.52.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% in the fourth quarter. LPL Financial LLC now owns 1,481,490 shares of the company's stock valued at $33,379,000 after acquiring an additional 325,481 shares during the period. Systelligence LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at $7,810,000. Cetera Investment Advisers raised its stake in 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 valued at $4,213,000 after purchasing an additional 37,557 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 185,404 shares of the company's stock valued at $4,173,000 after purchasing an additional 15,442 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.3% in the 1st quarter. Kestra Advisory Services LLC now owns 139,173 shares of the company's stock valued at $3,063,000 after purchasing an additional 9,484 shares during the period.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

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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