Short Interest in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Grows By 179.5%

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 642,616 shares, a growth of 179.5% from the July 15th total of 229,903 shares. Based on an average daily trading volume, of 881,650 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Investors Weigh In On Credit Suisse High Yield Bond Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 4th quarter worth approximately $40,000. WealthTrust Asset Management LLC bought a new position in shares of Credit Suisse High Yield Bond Fund during the first quarter valued at approximately $41,000. Landscape Capital Management L.L.C. purchased a new stake in Credit Suisse High Yield Bond Fund in the fourth quarter worth $51,000. Osaic Holdings Inc. lifted its stake in Credit Suisse High Yield Bond Fund by 227.2% in the second quarter. Osaic Holdings Inc. now owns 24,628 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 17,101 shares during the period. Finally, Winter & Associates Inc. bought a new stake in Credit Suisse High Yield Bond Fund in the fourth quarter valued at $53,000.

Credit Suisse High Yield Bond Fund Trading Down 0.6%

Credit Suisse High Yield Bond Fund stock opened at $1.73 on Friday. The firm has a 50-day moving average of $1.75 and a 200-day moving average of $1.83. Credit Suisse High Yield Bond Fund has a 1-year low of $1.72 and a 1-year high of $2.13.

Credit Suisse High Yield Bond Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, August 17th will be given a dividend of $0.0155 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 10.8%.

About Credit Suisse High Yield Bond Fund

The Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) is a closed-end management investment company that seeks to provide investors with high current income by primarily investing in below-investment-grade, U.S. dollar-denominated corporate debt securities. The fund offers exposure to a broad array of high-yield bonds issued by companies across various sectors, including industrials, communications, and financial services. It is structured to trade on the NYSE American exchange, enabling investors to gain intraday access to a diversified high-yield portfolio.

In managing its portfolio, the fund adheres to a disciplined credit research process that evaluates issuers’ fundamentals, cash flow profiles, and relative valuations.