WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Update

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient 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 trading volume, of 56,900 shares, the days-to-cover ratio is currently 1.1 days.

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

HYZD traded down $0.05 during trading on Tuesday, hitting $21.97. 22,785 shares of the stock were exchanged, compared to its average volume of 56,448. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1 year low of $20.10 and a 1 year high of $22.30. The firm has a 50 day simple moving average of $21.94 and a 200 day simple moving average of $21.64.

WisdomTree Interest Rate Hedged High Yield Bond Fund Dividend Announcement

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

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

A number of hedge funds have recently made changes to their positions in the stock. Sandy Spring Bank purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the third quarter valued at approximately $52,000. Melone Private Wealth LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $207,000. Strategic Blueprint LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 1st quarter valued at $215,000. Atria Wealth Solutions Inc. acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at about $211,000. Finally, Avantax Advisory Services Inc. acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $232,000.

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.