WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Stock Short Interest Falls 85.6%

Key Points

• HYZD short interest plunged 85.6% to 6,335 shares as of September 15, down from 44,007 shares on August 31. Short interest represented 0.0% of shares outstanding, with a short-interest ratio of 0.1 days.
• Institutional activity was mixed but generally supportive: Envestnet and Integrated Wealth Concepts increased their positions, while several other firms initiated new stakes during the second quarter.
• HYZD shares recently traded at $22.51, near the midpoint of their 52-week range of $21.94 to $22.81. The ETF invests primarily in high-yield bonds while using Treasury futures to maintain a net-zero duration.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - ) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 6,335 shares, a decrease of 85.6% from the August 31st total of 44,007 shares. Based on an average trading volume of 61,421 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 1.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 338,740 shares of the company's stock valued at $7,624,000 after acquiring an additional 3,566 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.1% during the second quarter. Integrated Wealth Concepts LLC now owns 185,404 shares of the company's stock worth $4,173,000 after purchasing an additional 15,442 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter worth $34,000. LGL Partners LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter valued at $65,000. Finally, Avant Capital LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter valued at $39,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of HYZD traded down $0.08 during trading hours on Friday, hitting $22.51. 5,282 shares of the company were exchanged, compared to its average volume of 71,397. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $21.94 and a fifty-two week high of $22.81. The firm's fifty day moving average is $22.62 and its 200 day moving average is $22.53.

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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