Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Drops By 76.1%

Key Points

• Short interest plunged 76.1% to 20,629 shares as of Feb. 27 (from 86,211 on Feb. 12), leaving a short-interest ratio of 0.8 days and about 0.2% of the fund's shares shorted.
• Shares were essentially flat, trading up 0.1% at $22.33 with volume roughly in line with average and a 12-month range of $20.65–$22.81 (50-day SMA $22.56, 200-day SMA $22.51).
• Institutional activity included UBS raising its stake by 9.5% to 1,517,433 shares (≈$34.2M), while several other advisers modestly adjusted positions in the fund.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - ) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 20,629 shares, a decrease of 76.1% from the February 12th total of 86,211 shares. Based on an average daily trading volume, of 26,430 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company's shares are short sold. Approximately 0.2% of the company's shares are short sold. Based on an average daily trading volume, of 26,430 shares, the short-interest ratio is currently 0.8 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Up 0.1%

Shares of NASDAQ HYZD traded up $0.02 during midday trading on Tuesday, reaching $22.33. 53,658 shares of the stock were exchanged, compared to its average volume of 55,880. The company has a 50 day simple moving average of $22.56 and a 200 day simple moving average of $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a twelve month low of $20.65 and a twelve month high of $22.81.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HYZD. CWM LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at about $37,000. UBS Group AG increased its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% during the fourth quarter. UBS Group AG now owns 1,517,433 shares of the company's stock valued at $34,189,000 after acquiring an additional 131,931 shares during the last quarter. Private Trust Co. NA raised its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.1% in the 4th quarter. Private Trust Co. NA now owns 6,917 shares of the company's stock valued at $156,000 after acquiring an additional 905 shares during the period. Howard Capital Management Inc. raised its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 8.4% in the 4th quarter. Howard Capital Management Inc. now owns 94,915 shares of the company's stock valued at $2,139,000 after acquiring an additional 7,375 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 66,985 shares of the company's stock worth $1,513,000 after acquiring an additional 1,540 shares during the last quarter.

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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