Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Grows By 26.3%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 65,300 shares, an increase of 26.3% from the March 31st total of 51,700 shares. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of large investors have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. increased its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 59.5% during the third quarter. B. Riley Wealth Advisors Inc. now owns 1,170,554 shares of the company’s stock worth $24,722,000 after purchasing an additional 436,683 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 695,030 shares of the company’s stock worth $14,679,000 after buying an additional 49,702 shares during the last quarter. UBS Group AG raised its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 1.5% during the 3rd quarter. UBS Group AG now owns 1,126,459 shares of the company’s stock valued at $23,791,000 after buying an additional 16,375 shares during the period. LPL Financial LLC lifted its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.8% in the third quarter. LPL Financial LLC now owns 248,215 shares of the company’s stock valued at $5,242,000 after acquiring an additional 11,446 shares during the last quarter. Finally, Eudaimonia Advisors LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter worth approximately $245,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Down 0.2 %

Shares of HYZD traded down $0.05 during trading hours on Tuesday, hitting $21.97. 22,785 shares of the stock were exchanged, compared to its average volume of 56,448. The stock’s 50-day moving average price is $21.94 and its two-hundred day moving average price is $21.64. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 12-month low of $20.10 and a 12-month high of $22.30.

WisdomTree Interest Rate Hedged High Yield Bond Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 29th. Shareholders of record on Thursday, April 25th were paid a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend was Wednesday, April 24th.

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.