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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 29,700 shares, an increase of 53.9% from the January 31st total of 19,300 shares. Based on an average trading volume of 44,500 shares, the short-interest ratio is presently 0.7 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.03 during trading on Tuesday, reaching $22.17. 70,573 shares of the stock were exchanged, compared to its average volume of 59,668. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1 year low of $21.33 and a 1 year high of $22.71. The stock’s fifty day moving average is $22.45 and its 200 day moving average is $22.31.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were issued a $0.105 dividend. This represents a $1.26 annualized dividend and a yield of 5.68%. The ex-dividend date was Tuesday, February 25th.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Hedge funds have recently made changes to their positions in the business. Private Trust Co. NA purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth $134,000. Moloney Securities Asset Management LLC lifted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.8% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 14,637 shares of the company’s stock worth $324,000 after purchasing an additional 1,055 shares during the period. Prospera Financial Services Inc bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter valued at about $324,000. Legacy Capital Wealth Partners LLC purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at about $329,000. Finally, Oregon Pacific Wealth Management LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth about $476,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

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.