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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 128,369 shares, an increase of 50.4% from the July 15th total of 85,345 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 63,243 shares, the days-to-cover ratio is currently 2.0 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Down 0.0%

Shares of HYZD stock traded down $0.01 during mid-day trading on Tuesday, reaching $22.62. 297,945 shares of the company were exchanged, compared to its average volume of 68,593. The business’s 50 day simple moving average is $22.59 and its 200 day simple moving average is $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $21.94 and a fifty-two week high of $22.81.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HYZD. Systelligence LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth $7,810,000. LPL Financial LLC raised its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% in the 4th quarter. LPL Financial LLC now owns 1,481,490 shares of the company’s stock valued at $33,379,000 after purchasing an additional 325,481 shares in the last quarter. UBS Group AG raised its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% in the 4th quarter. UBS Group AG now owns 1,517,433 shares of the company’s stock valued at $34,189,000 after purchasing an additional 131,931 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 1st quarter valued at about $2,126,000. Finally, Columbia Advisory Partners LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the first quarter worth about $1,970,000.

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.