Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Increases By 33.3%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 8,800 shares, an increase of 33.3% from the April 30th total of 6,600 shares. Based on an average daily volume of 50,200 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company's shares are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Advisory Alpha LLC raised its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.8% in the first quarter. Advisory Alpha LLC now owns 45,572 shares of the company's stock valued at $998,000 after purchasing an additional 2,891 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth about $489,000. Integrated Wealth Concepts LLC raised its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 140,393 shares of the company's stock valued at $3,073,000 after buying an additional 3,729 shares during the period. OLD Mission Capital LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at about $512,000. Finally, Comerica Bank boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 1,145.5% during the first quarter. Comerica Bank now owns 7,747 shares of the company's stock worth $170,000 after buying an additional 7,125 shares during the period.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

NASDAQ:HYZD traded up $0.12 on Friday, hitting $22.31. The stock had a trading volume of 18,376 shares, compared to its average volume of 50,177. The company has a fifty day moving average price of $21.86 and a two-hundred day moving average price of $22.20. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1-year low of $20.65 and a 1-year high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, May 29th. Stockholders of record on Tuesday, May 27th were given a dividend of $0.12 per share. This represents a $1.44 annualized dividend and a dividend yield of 6.45%. The ex-dividend date was Tuesday, May 27th.

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.