WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Down 62.9% in July

Key Points

• The WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) experienced a significant drop in short interest, decreasing by 62.9% in July, bringing the total to 2,600 shares as of July 31.
• Several institutional investors increased their stakes in HYZD during the second quarter, with MML Investors Services LLC and Raymond James Financial Inc. raising their holdings by 42.0% and 6.8%, respectively.
• HYZD recently announced a dividend of $0.115 per share, which was paid on July 30 to shareholders of record from July 28.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,600 shares, adropof62.9% from the July 15th total of 7,000 shares. Based on an average daily trading volume, of 28,200 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 28,200 shares, the short-interest ratio is presently 0.1 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Down 0.0%

NASDAQ:HYZD traded down $0.01 on Thursday, hitting $22.47. The stock had a trading volume of 34,013 shares, compared to its average volume of 44,265. The business's 50-day simple moving average is $22.40 and its two-hundred day simple moving average is $22.18. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52-week low of $20.65 and a 52-week high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 30th. Shareholders of record on Monday, July 28th were given a $0.115 dividend. The ex-dividend date of this dividend was Monday, July 28th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HYZD. Ameritas Advisory Services LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter worth about $52,000. NewEdge Advisors LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the second quarter worth about $117,000. Comerica Bank boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 1,145.5% in the first quarter. Comerica Bank now owns 7,747 shares of the company's stock worth $170,000 after purchasing an additional 7,125 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company's stock valued at $202,000 after buying an additional 766 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter valued at about $231,000.

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.