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

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

Credit Suisse High Yield Bond Fund Trading Down 0.1%

NYSEAMERICAN DHY traded down $0.01 on Monday, reaching $16.23. The company had a trading volume of 20,124 shares, compared to its average volume of 76,059. Credit Suisse High Yield Bond Fund has a 52 week low of $15.00 and a 52 week high of $21.20. The stock’s 50 day moving average is $16.82 and its 200-day moving average is $17.48.

Credit Suisse High Yield Bond Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 22nd. Stockholders of record on Thursday, October 15th will be given a dividend of $0.1550 per share. This represents a $1.86 annualized dividend and a dividend yield of 11.5%. The ex-dividend date is Thursday, October 15th.

Institutional Trading of Credit Suisse High Yield Bond Fund

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $40,000. WealthTrust Asset Management LLC bought a new position in Credit Suisse High Yield Bond Fund during the 1st quarter worth approximately $41,000. World Investment Advisors bought a new position in Credit Suisse High Yield Bond Fund during the 4th quarter worth approximately $106,000. Integrated Advisors Network LLC boosted its stake in 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 worth $185,000 after acquiring an additional 54,926 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in Credit Suisse High Yield Bond Fund by 533.1% during the second quarter. Integrated Wealth Concepts LLC now owns 141,972 shares of the real estate investment trust’s stock valued at $253,000 after purchasing an additional 119,546 shares during the period.

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.