WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Up 296.1% in December

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 51,100 shares, an increase of 296.1% from the November 30th total of 12,900 shares. Based on an average daily trading volume, of 28,000 shares, the days-to-cover ratio is presently 1.8 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.07 during mid-day trading on Friday, hitting $22.27. The stock had a trading volume of 24,424 shares, compared to its average volume of 43,909. The stock has a 50-day simple moving average of $22.40 and a two-hundred day simple moving average of $22.13. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 12 month low of $21.33 and a 12 month high of $22.63.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 30th. Shareholders of record on Thursday, December 26th will be paid a $0.1273 dividend. The ex-dividend date is Thursday, December 26th. This is a boost from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous dividend of $0.12.

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

A number of institutional investors have recently made changes to their positions in HYZD. Moloney Securities Asset Management LLC raised its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.4% in the second quarter. Moloney Securities Asset Management LLC now owns 13,582 shares of the company’s stock worth $297,000 after purchasing an additional 1,810 shares during the period. Prospera Financial Services Inc bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth about $324,000. Duncan Williams Asset Management LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the third quarter valued at approximately $583,000. Howard Capital Management Inc. grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.5% in the second quarter. Howard Capital Management Inc. now owns 29,055 shares of the company’s stock valued at $635,000 after buying an additional 3,463 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 12.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 57,268 shares of the company’s stock valued at $1,252,000 after acquiring an additional 6,477 shares during the period.

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.