WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 18,700 shares, agrowthof619.2% from the July 31st total of 2,600 shares. Based on an average daily volume of 30,800 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 30,800 shares, the short-interest ratio is currently 0.6 days.
WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance
NASDAQ:HYZD remained flat at $22.43 during trading hours on Friday. 12,701 shares of the company's stock traded hands, compared to its average volume of 43,163. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1 year low of $20.65 and a 1 year high of $22.71. The firm has a 50 day moving average price of $22.42 and a 200 day moving average price of $22.17.
WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend
The company also recently announced a monthly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 25th were paid a $0.11 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Wednesday, June 25th.
Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund
Several large investors have recently made changes to their positions in HYZD. B. Riley Wealth Advisors Inc. bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the second quarter worth $10,086,000. Geneos Wealth Management Inc. increased its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% during the second quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company's stock worth $202,000 after acquiring an additional 766 shares in the last quarter. MML Investors Services LLC increased its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 42.0% during the second quarter. MML Investors Services LLC now owns 64,804 shares of the company's stock worth $1,451,000 after acquiring an additional 19,168 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.8% during the second quarter. Raymond James Financial Inc. now owns 64,936 shares of the company's stock worth $1,454,000 after acquiring an additional 4,155 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the second quarter worth $117,000.
WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider WisdomTree Interest Rate Hedged High Yield Bond Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WisdomTree Interest Rate Hedged High Yield Bond Fund wasn't on the list.
While WisdomTree Interest Rate Hedged High Yield Bond Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.