WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 13,800 shares, a growth of 56.8% from the May 15th total of 8,800 shares. Currently, 0.2% of the company's shares are sold short. Based on an average trading volume of 42,900 shares, the short-interest ratio is currently 0.3 days.
WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance
Shares of NASDAQ:HYZD traded down $0.06 during mid-day trading on Wednesday, reaching $22.30. The stock had a trading volume of 11,841 shares, compared to its average volume of 42,033. The firm has a 50 day simple moving average of $22.01 and a two-hundred day simple moving average of $22.20. WisdomTree Interest Rate Hedged High Yield Bond Fund has a twelve month low of $20.65 and a twelve month high of $22.71.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Thursday, May 29th. Investors of record on Tuesday, May 27th were paid a dividend of $0.12 per share. The ex-dividend date was Tuesday, May 27th. This represents a $1.44 dividend on an annualized basis and a yield of 6.46%.
Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund
Large investors have recently bought and sold shares of the business. Private Trust Co. NA bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth approximately $134,000. Comerica Bank increased 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 purchasing an additional 7,125 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth approximately $252,000. Legacy Capital Wealth Partners LLC bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth approximately $329,000. Finally, Moloney Securities Asset Management LLC increased its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 29.4% during the 1st quarter. Moloney Securities Asset Management LLC now owns 21,412 shares of the company's stock worth $469,000 after purchasing an additional 4,867 shares in the last quarter.
About WisdomTree Interest Rate Hedged High Yield Bond Fund
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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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