Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Up 11.3% in December

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 546,300 shares, a growth of 11.3% from the December 15th total of 490,700 shares. Based on an average daily trading volume, of 356,100 shares, the short-interest ratio is currently 1.5 days.

Institutional Investors Weigh In On Credit Suisse High Yield Bond Fund

A number of institutional investors have recently modified their holdings of DHY. Integrated Advisors Network LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund during the third quarter worth $27,000. Truist Financial Corp acquired a new position in Credit Suisse High Yield Bond Fund in the 2nd quarter worth about $25,000. D.A. Davidson & CO. purchased a new stake in shares of Credit Suisse High Yield Bond Fund during the 3rd quarter worth about $39,000. Finally, Park Avenue Securities LLC lifted its holdings in shares of Credit Suisse High Yield Bond Fund by 5.3% during the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock valued at $1,041,000 after buying an additional 24,667 shares during the last quarter.

Credit Suisse High Yield Bond Fund Trading Up 1.4 %

Shares of DHY traded up $0.03 during trading hours on Friday, reaching $2.13. The company’s stock had a trading volume of 453,555 shares, compared to its average volume of 307,529. Credit Suisse High Yield Bond Fund has a 1-year low of $1.93 and a 1-year high of $2.27.

Credit Suisse High Yield Bond Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, January 16th will be given a $0.0155 dividend. The ex-dividend date is Thursday, January 16th. This represents a $0.19 dividend on an annualized basis and a yield of 8.73%.

About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.