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 target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 51,100 shares, a growth of 296.1% from the November 30th total of 12,900 shares. Based on an average trading volume of 28,000 shares, the short-interest ratio is currently 1.8 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 340.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 57,980 shares of the company’s stock worth $1,284,000 after acquiring an additional 44,825 shares during the period. Duncan Williams Asset Management LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth about $583,000. Prospera Financial Services Inc acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 3rd quarter worth approximately $324,000. Integrated Wealth Concepts LLC boosted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.6% in the third quarter. Integrated Wealth Concepts LLC now owns 125,157 shares of the company’s stock valued at $2,771,000 after acquiring an additional 6,600 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 12.8% during the second quarter. Commonwealth Equity Services LLC now owns 57,268 shares of the company’s stock worth $1,252,000 after purchasing an additional 6,477 shares in the last quarter.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Down 0.4 %

NASDAQ:HYZD traded down $0.08 during mid-day trading on Thursday, hitting $22.34. The stock had a trading volume of 34,125 shares, compared to its average volume of 43,988. The company has a 50 day simple moving average of $22.40 and a 200-day simple moving average of $22.13. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52 week low of $21.33 and a 52 week high of $22.63.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 30th. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.1273 per share. The ex-dividend date of this dividend is Thursday, December 26th. This is a boost from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous dividend of $0.12.

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.