Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Decreases By 55.6%

Key Points

• Short interest in the WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) has decreased by 55.6%, from 18,700 shares to 8,300 shares as of August 31st.
• Institutional investors have increased their stakes in the fund, with notable boosts from Geneos Wealth Management and others during the second quarter.
• The fund recently paid a $0.11 monthly dividend with a yield of 5.9%, reflecting its ongoing returns for investors despite recent changes in short interest.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - ) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 8,300 shares, a decline of 55.6% from the August 15th total of 18,700 shares. Based on an average trading volume of 30,700 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company's stock are sold short. Approximately 0.1% of the company's stock are sold short. Based on an average trading volume of 30,700 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Several institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% during the second quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company's stock worth $202,000 after purchasing an additional 766 shares during the period. Oregon Pacific Wealth Management LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.3% in the first quarter. Oregon Pacific Wealth Management LLC now owns 22,312 shares of the company's stock worth $488,000 after buying an additional 924 shares during the last quarter. Advisory Alpha LLC boosted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.4% during the 2nd quarter. Advisory Alpha LLC now owns 46,650 shares of the company's stock worth $1,044,000 after buying an additional 1,078 shares during the period. Howard Capital Management Inc. grew its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.1% in the 1st quarter. Howard Capital Management Inc. now owns 36,446 shares of the company's stock valued at $798,000 after buying an additional 1,754 shares during the last quarter. Finally, Verus Capital Partners LLC raised its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.4% in the 2nd quarter. Verus Capital Partners LLC now owns 32,729 shares of the company's stock worth $733,000 after acquiring an additional 1,963 shares during the period.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock remained flat at $22.55 during trading on Friday. The stock had a trading volume of 35,583 shares, compared to its average volume of 42,891. The business's fifty day moving average is $22.42 and its two-hundred day moving average is $22.18. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $20.65 and a fifty-two week high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 25th were paid a $0.11 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend was Wednesday, June 25th.

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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