WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Up 50.4% in July

Key Points

• Short interest in HYZD jumped 50.4% from 85,345 shares on July 15 to 128,369 shares on July 31. Short interest represents 1.1% of shares outstanding, with a days-to-cover ratio of 2.0.
• HYZD shares traded near $22.62, close to their 50-day and 200-day moving averages, while the fund’s 52-week range was $21.94 to $22.81.
• Institutional interest increased, with Systelligence, Bank of New York Mellon, and Columbia Advisory Partners initiating positions, while LPL Financial and UBS expanded their holdings.

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - ) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 128,369 shares, an increase of 50.4% from the July 15th total of 85,345 shares. Based on an average daily trading volume, of 63,243 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.1% of the company's stock are sold short.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of NASDAQ:HYZD traded down $0.01 during mid-day trading on Tuesday, hitting $22.62. 297,945 shares of the company traded hands, compared to its average volume of 68,593. The firm's 50 day simple moving average is $22.59 and its 200 day simple moving average is $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52-week low of $21.94 and a 52-week high of $22.81.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HYZD. Systelligence LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at $7,810,000. LPL Financial LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% in the fourth quarter. LPL Financial LLC now owns 1,481,490 shares of the company's stock worth $33,379,000 after acquiring an additional 325,481 shares in the last quarter. UBS Group AG boosted its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% in the fourth quarter. UBS Group AG now owns 1,517,433 shares of the company's stock valued at $34,189,000 after purchasing an additional 131,931 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at about $2,126,000. Finally, Columbia Advisory Partners LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at approximately $1,970,000.

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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