Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Stock Short Interest Report for September

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 60,265 shares, a decline of 81.8% from the September 15th total of 331,254 shares. Based on an average trading volume of 150,659 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DHY. Rareview Capital LLC purchased a new position in Credit Suisse High Yield Bond Fund during the 2nd quarter worth approximately $1,861,000. Integrated Wealth Concepts LLC grew its position in Credit Suisse High Yield Bond Fund by 533.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 141,972 shares of the real estate investment trust’s stock worth $253,000 after purchasing an additional 119,546 shares during the period. Integrated Advisors Network LLC raised its stake in shares of Credit Suisse High Yield Bond Fund by 129.4% during the 1st quarter. Integrated Advisors Network LLC now owns 97,380 shares of the real estate investment trust’s stock valued at $185,000 after buying an additional 54,926 shares during the last quarter. World Investment Advisors purchased a new position in shares of Credit Suisse High Yield Bond Fund during the 4th quarter valued at about $106,000. Finally, WealthTrust Asset Management LLC acquired a new position in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $41,000.

Credit Suisse High Yield Bond Fund Price Performance

DHY opened at $16.24 on Friday. Credit Suisse High Yield Bond Fund has a 12-month low of $15.00 and a 12-month high of $21.20. The business’s fifty day simple moving average is $16.82 and its 200-day simple moving average is $17.49.

Credit Suisse High Yield Bond Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Thursday, October 15th will be issued a $0.1550 dividend. This represents a $1.86 annualized dividend and a yield of 11.5%. The ex-dividend date of this dividend is Thursday, October 15th.

About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund, Inc is a closed-end investment fund traded on the NYSE American under the symbol DHY. The fund seeks to provide investors with a high level of current income, with capital appreciation as a secondary objective, by investing primarily in high-yield corporate debt securities.

The fund’s portfolio generally consists of below-investment-grade bonds, commonly known as high-yield or “junk” bonds. These securities are issued by companies across a range of industries and may include debt issued by U.S.