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

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 - Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 8,300 shares, a decrease of 55.6% from the August 15th total of 18,700 shares. Based on an average daily trading volume, of 30,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 30,700 shares, the days-to-cover ratio is currently 0.3 days.

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

Several institutional investors have recently modified their holdings of the business. Comerica Bank boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 1,145.5% during the 1st quarter. Comerica Bank now owns 7,747 shares of the company's stock worth $170,000 after acquiring an additional 7,125 shares during the last quarter. Advisory Alpha LLC boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.8% during the 1st quarter. Advisory Alpha LLC now owns 45,572 shares of the company's stock worth $998,000 after acquiring an additional 2,891 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.7% during the 1st quarter. Integrated Wealth Concepts LLC now owns 140,393 shares of the company's stock worth $3,073,000 after acquiring an additional 3,729 shares during the last quarter. OLD Mission Capital LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth approximately $512,000. Finally, Atria Wealth Solutions Inc. bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth approximately $252,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Up 0.3%

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded up $0.06 during mid-day trading on Thursday, reaching $22.61. 29,881 shares of the stock were exchanged, compared to its average volume of 42,845. The firm has a 50-day simple moving average of $22.44 and a 200 day simple moving average of $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 declared a monthly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were given a dividend of $0.11 per share. The ex-dividend date was Wednesday, June 25th. This represents a c) annualized dividend and a dividend yield of 5.8%.

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.