WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Up 460.2% in September

Key Points

• The short interest in the WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) surged by 460.2% in September, increasing from 8,300 shares to 46,500 shares.
• The fund's stock reached a price of $22.54 during mid-day trading, up from its 50-day moving average price of $22.46.
• Several hedge funds, including B. Riley Wealth Advisors Inc., have significantly increased their positions in the fund during the second quarter, indicating growing institutional interest.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - ) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 46,500 shares, a growth of 460.2% from the August 31st total of 8,300 shares. Based on an average daily trading volume, of 31,700 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 31,700 shares, the days-to-cover ratio is presently 1.5 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded up $0.06 during mid-day trading on Wednesday, reaching $22.54. The stock had a trading volume of 126,595 shares, compared to its average volume of 42,710. The company has a 50-day moving average price of $22.46 and a two-hundred day moving average price of $22.21. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $20.65 and a one year high of $22.76.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter valued at about $10,086,000. Geneos Wealth Management Inc. lifted its stake in 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 acquiring an additional 766 shares during the period. MML Investors Services LLC lifted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 42.0% during the 2nd quarter. MML Investors Services LLC now owns 64,804 shares of the company's stock valued at $1,451,000 after acquiring an additional 19,168 shares during the period. Raymond James Financial Inc. lifted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 6.8% during the 2nd quarter. Raymond James Financial Inc. now owns 64,936 shares of the company's stock valued at $1,454,000 after acquiring an additional 4,155 shares during the period. Finally, NewEdge Advisors LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter valued at about $117,000.

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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