WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY) Short Interest Update

WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 22,679 shares, a drop of 45.8% from the August 15th total of 41,874 shares. Based on an average daily volume of 16,651 shares, the short-interest ratio is currently 1.4 days. Approximately 0.5% of the company’s shares are short sold.

WisdomTree U.S. High Yield Corporate Bond Fund Trading Down 0.1%

BATS:QHY opened at $45.13 on Wednesday. The company has a fifty day moving average of $45.71 and a 200 day moving average of $45.84. WisdomTree U.S. High Yield Corporate Bond Fund has a 52 week low of $44.91 and a 52 week high of $47.00.

Hedge Funds Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 63.8% during the first quarter. Bank of America Corp DE now owns 1,165,892 shares of the company’s stock worth $53,095,000 after purchasing an additional 454,195 shares during the period. Cetera Investment Advisers raised its position in WisdomTree U.S. High Yield Corporate Bond Fund by 2.8% during the 1st quarter. Cetera Investment Advisers now owns 203,070 shares of the company’s stock valued at $9,248,000 after purchasing an additional 5,470 shares during the last quarter. Private Advisor Group LLC raised its position in WisdomTree U.S. High Yield Corporate Bond Fund by 15.5% during the 1st quarter. Private Advisor Group LLC now owns 75,456 shares of the company’s stock valued at $3,436,000 after purchasing an additional 10,119 shares during the last quarter. Insight Advisors LLC PA raised its position in WisdomTree U.S. High Yield Corporate Bond Fund by 9.7% during the 4th quarter. Insight Advisors LLC PA now owns 45,215 shares of the company’s stock valued at $2,100,000 after purchasing an additional 3,991 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in WisdomTree U.S. High Yield Corporate Bond Fund by 244.6% in the 1st quarter. Kestra Advisory Services LLC now owns 42,428 shares of the company’s stock worth $1,932,000 after buying an additional 30,114 shares during the period.

WisdomTree U.S. High Yield Corporate Bond Fund Company Profile

The WisdomTree U.S. High Yield Corporate Bond Fund (QHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. QHY was launched on Apr 27, 2016 and is issued by WisdomTree.