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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a significant growth in short interest in 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 trading volume of 56,900 shares, the days-to-cover ratio is presently 1.1 days.

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

Shares of NASDAQ HYZD traded down $0.05 during midday trading on Tuesday, hitting $21.97. The company 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 twelve month low of $20.10 and a twelve month high of $22.30. The business has a 50-day simple moving average of $21.94 and a two-hundred day simple moving average of $21.64.

WisdomTree Interest Rate Hedged High Yield Bond Fund Dividend Announcement

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

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

A number of institutional investors and hedge funds have recently modified their holdings of HYZD. Raymond James Financial Services Advisors Inc. boosted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 3.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 43,984 shares of the company’s stock worth $929,000 after buying an additional 1,481 shares in the last quarter. Sandy Spring Bank acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the third quarter worth about $52,000. Private Advisor Group LLC lifted its holdings in shares of 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 valued at $2,689,000 after purchasing an additional 1,621 shares in the last quarter. UBS Group AG grew its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 1.5% in the third quarter. UBS Group AG now owns 1,126,459 shares of the company’s stock valued at $23,791,000 after purchasing an additional 16,375 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake 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 purchasing an additional 49,702 shares in the last quarter.

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.