Credit Suisse High Yield Bond Fund (NYSE:DHY) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 741,969 shares, a drop of 7.7% from the July 14th total of 804,107 shares. Based on an average daily trading volume, of 292,271 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.9% of the shares of the company are sold short.

Credit Suisse High Yield Bond Fund (DHY) opened at 2.855 on Thursday. The company has a 50 day moving average of $2.86 and a 200-day moving average of $2.78. Credit Suisse High Yield Bond Fund has a 12-month low of $2.17 and a 12-month high of $2.91.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 22nd. Investors of record on Wednesday, August 16th will be issued a $0.022 dividend. The ex-dividend date of this dividend is Monday, August 14th. This represents a $0.26 annualized dividend and a yield of 9.25%.

Institutional investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its position in shares of Credit Suisse High Yield Bond Fund by 43.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 37,639 shares of the real estate investment trust’s stock valued at $107,000 after buying an additional 11,328 shares during the period. IFC Holdings Incorporated FL increased its position in shares of Credit Suisse High Yield Bond Fund by 27.1% in the second quarter. IFC Holdings Incorporated FL now owns 160,597 shares of the real estate investment trust’s stock valued at $451,000 after buying an additional 34,256 shares during the period. Stratos Wealth Partners LTD. acquired a new position in shares of Credit Suisse High Yield Bond Fund during the second quarter valued at $458,000. Finally, Advisors Asset Management Inc. increased its position in shares of Credit Suisse High Yield Bond Fund by 17.4% in the second quarter. Advisors Asset Management Inc. now owns 958,903 shares of the real estate investment trust’s stock valued at $2,714,000 after buying an additional 142,187 shares during the period.

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Credit Suisse High Yield Bond Fund Company Profile

Credit Suisse High Yield Bond Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income. The Fund will also seek capital appreciation as a secondary objective. The Fund invests in various sectors, such as advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, diversified capital goods, electronics, energy-exploration and production, food-wholesale, forestry and paper, gaming, gas distribution, real estate investment trusts, software-services, specialty retail, steel producers/products, support-services, theaters and entertainment, transport infrastructure/services, aerospace and defense, machinery, collateralized debt obligations and health facilities.

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