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 target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 83,775 shares, an increase of 330.9% from the December 31st total of 19,441 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 57,558 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 57,558 shares, the short-interest ratio is presently 1.5 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HYZD. Geneos Wealth Management Inc. raised its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.3% during the second quarter. Geneos Wealth Management Inc. now owns 9,014 shares of the company’s stock valued at $202,000 after purchasing an additional 766 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.1% in the 4th quarter. Private Trust Co. NA now owns 6,917 shares of the company’s stock valued at $156,000 after purchasing an additional 905 shares in the last quarter. Advisory Alpha LLC lifted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.4% in the 2nd quarter. Advisory Alpha LLC now owns 46,650 shares of the company’s stock valued at $1,044,000 after purchasing an additional 1,078 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 539.6% during the third quarter. Global Retirement Partners LLC now owns 1,324 shares of the company’s stock worth $30,000 after buying an additional 1,117 shares in the last quarter. Finally, Avestar Capital LLC boosted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.3% during the 3rd quarter. Avestar Capital LLC now owns 56,308 shares of the company’s stock valued at $1,266,000 after acquiring an additional 1,247 shares in the last quarter.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

WisdomTree Interest Rate Hedged High Yield Bond Fund stock opened at $22.61 on Wednesday. The stock’s fifty day moving average price is $22.56 and its two-hundred day moving average price is $22.49. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $20.65 and a one year high of $22.81.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be issued a $0.105 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, January 27th.

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.