WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Large Growth in Short Interest

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 211,100 shares, an increase of 9,952.4% from the March 31st total of 2,100 shares. Currently, 2.7% of the company's stock are short sold. Based on an average trading volume of 57,600 shares, the short-interest ratio is presently 3.7 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of HYZD stock traded down $0.03 during trading hours on Wednesday, reaching $21.69. 24,985 shares of the company's stock were exchanged, compared to its average volume of 43,758. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $20.65 and a fifty-two week high of $22.71. The stock's 50 day moving average is $21.90 and its 200-day moving average is $22.24.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 29th. Stockholders of record on Friday, April 25th were paid a dividend of $0.115 per share. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund's previous dividend of $0.11. The ex-dividend date was Friday, April 25th.

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

Several hedge funds have recently modified their holdings of HYZD. Elevation Capital Advisory LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at approximately $6,279,000. GeoWealth Management LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at $6,279,000. LPL Financial LLC increased its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% in the 4th quarter. LPL Financial LLC now owns 733,434 shares of the company's stock valued at $16,312,000 after purchasing an additional 140,009 shares in the last quarter. Vicus Capital acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth approximately $2,536,000. Finally, Raymond James Financial Inc. acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth $1,482,000.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

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.