Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Rises By 56.8%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the recipient of a significant 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. Based on an average daily trading volume, of 42,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company's stock are short sold.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Down 0.2%

NASDAQ:HYZD traded down $0.04 during trading hours on Friday, hitting $22.27. 26,085 shares of the company's stock traded hands, compared to its average volume of 42,089. WisdomTree Interest Rate Hedged High Yield Bond Fund has a twelve month low of $20.65 and a twelve month high of $22.71. The stock's fifty day moving average price is $21.95 and its two-hundred day moving average price is $22.20.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, May 29th. Shareholders of record on Tuesday, May 27th were given a $0.12 dividend. This represents a $1.44 annualized dividend and a yield of 6.47%. The ex-dividend date of this dividend was Tuesday, May 27th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 8.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 62,683 shares of the company's stock worth $1,394,000 after purchasing an additional 4,703 shares during the last quarter. Ameriprise Financial Inc. increased its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% in the 4th quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company's stock worth $4,682,000 after purchasing an additional 24,568 shares during the last quarter. United Advisor Group LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $494,000. Jane Street Group LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $1,229,000. Finally, Raymond James Financial Inc. acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $1,482,000.

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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