Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 74,600 shares, an increase of 100.5% from the February 13th total of 37,200 shares. Based on an average daily volume of 363,600 shares, the days-to-cover ratio is presently 0.2 days.
Credit Suisse High Yield Bond Fund Price Performance
Shares of DHY stock traded up $0.03 during mid-day trading on Friday, reaching $2.14. 292,959 shares of the company’s stock traded hands, compared to its average volume of 360,403. Credit Suisse High Yield Bond Fund has a 12 month low of $1.96 and a 12 month high of $2.27. The firm’s 50 day moving average price is $2.13.
Credit Suisse High Yield Bond Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 17th will be given a $0.0155 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 8.69%. The ex-dividend date is Monday, March 17th.
Insider Buying and Selling at Credit Suisse High Yield Bond Fund
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. LPL Financial LLC boosted its stake in shares of Credit Suisse High Yield Bond Fund by 10.0% in the fourth quarter. LPL Financial LLC now owns 811,454 shares of the real estate investment trust’s stock worth $1,737,000 after acquiring an additional 73,600 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Credit Suisse High Yield Bond Fund by 1.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 524,766 shares of the real estate investment trust’s stock worth $1,123,000 after purchasing an additional 10,015 shares during the last quarter. Park Avenue Securities LLC increased its stake in Credit Suisse High Yield Bond Fund by 5.3% in the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 24,667 shares during the last quarter. Harbour Investments Inc. grew its holdings in shares of Credit Suisse High Yield Bond Fund by 6.0% in the fourth quarter. Harbour Investments Inc. now owns 98,532 shares of the real estate investment trust’s stock valued at $211,000 after purchasing an additional 5,552 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Credit Suisse High Yield Bond Fund by 7.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 96,527 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 6,476 shares in the last quarter.
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.
Featured Stories
- Five stocks we like better than Credit Suisse High Yield Bond Fund
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- There Are Different Types of Stock To Invest In
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- How to Use the MarketBeat Excel Dividend Calculator
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Credit Suisse High Yield Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse High Yield Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.