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

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

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

Shares of NASDAQ:HYZD traded down $0.05 during trading on Tuesday, reaching $21.97. The stock had a trading volume of 22,785 shares, compared to its average volume of 56,448. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52 week low of $20.10 and a 52 week high of $22.30. The firm’s fifty day moving average is $21.94 and its 200 day moving average is $21.64.

WisdomTree Interest Rate Hedged High Yield Bond Fund Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. increased its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 59.5% in 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 in the last quarter. UBS Group AG increased its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 1.1% in the 4th quarter. UBS Group AG now owns 1,138,426 shares of the company’s stock valued at $24,607,000 after acquiring an additional 11,967 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.7% during the third quarter. Envestnet Asset Management Inc. now owns 695,030 shares of the company’s stock worth $14,679,000 after acquiring an additional 49,702 shares in the last quarter. LPL Financial LLC boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.8% during the third quarter. LPL Financial LLC now owns 248,215 shares of the company’s stock worth $5,242,000 after acquiring an additional 11,446 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 1.3% in the third quarter. Private Advisor Group LLC now owns 127,301 shares of the company’s stock worth $2,689,000 after purchasing an additional 1,621 shares during the period.

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.