Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 86,047 shares, a decrease of 62.5% from the May 31st total of 229,477 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 551,831 shares, the days-to-cover ratio is presently 0.2 days.
Credit Suisse High Yield Bond Fund Price Performance
Shares of DHY remained flat at $1.75 during midday trading on Monday. The stock had a trading volume of 437,246 shares, compared to its average volume of 630,106. The business has a 50-day simple moving average of $1.76 and a 200 day simple moving average of $1.89. Credit Suisse High Yield Bond Fund has a 52 week low of $1.72 and a 52 week high of $2.15.
Credit Suisse High Yield Bond Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 15th were given a dividend of $0.0155 per share. This represents a c) annualized dividend and a yield of 10.6%. The ex-dividend date of this dividend was Monday, June 15th.
Insider Transactions at Credit Suisse High Yield Bond Fund
Hedge Funds Weigh In On Credit Suisse High Yield Bond Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrity Advisory Solutions LLC increased its stake in shares of Credit Suisse High Yield Bond Fund by 24.9% in the fourth quarter. Integrity Advisory Solutions LLC now owns 26,501 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 5,280 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Credit Suisse High Yield Bond Fund by 5.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 150,029 shares of the real estate investment trust’s stock valued at $300,000 after purchasing an additional 8,000 shares in the last quarter. D.A. Davidson & CO. grew its position in Credit Suisse High Yield Bond Fund by 32.0% in the fourth quarter. D.A. Davidson & CO. now owns 43,680 shares of the real estate investment trust’s stock valued at $87,000 after acquiring an additional 10,580 shares during the period. Bank of America Corp DE grew its holdings in shares of Credit Suisse High Yield Bond Fund by 19.6% in the 2nd quarter. Bank of America Corp DE now owns 68,345 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 11,197 shares during the last quarter. Finally, Susquehanna International Group LLP increased its holdings in shares of Credit Suisse High Yield Bond Fund by 73.8% during the third quarter. Susquehanna International Group LLP now owns 30,583 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 12,982 shares in the last quarter.
About Credit Suisse High Yield Bond Fund
The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.
In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.
Featured Articles
- Five stocks we like better than Credit Suisse High Yield Bond Fund
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
Receive News & Ratings for Credit Suisse High Yield Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse High Yield Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.
