WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Down 89.6% in March

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,100 shares, a drop of 89.6% from the March 15th total of 20,100 shares. Based on an average trading volume of 58,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HYZD. Private Trust Co. NA bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at $134,000. Legacy Capital Wealth Partners LLC purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter worth about $329,000. Moloney Securities Asset Management LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.0% in the 4th quarter. Moloney Securities Asset Management LLC now owns 16,545 shares of the company’s stock worth $368,000 after acquiring an additional 1,908 shares during the last quarter. Oregon Pacific Wealth Management LLC purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter valued at about $476,000. Finally, United Advisor Group LLC bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $494,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of NASDAQ:HYZD traded up $0.05 during mid-day trading on Tuesday, hitting $21.57. The company had a trading volume of 184,499 shares, compared to its average volume of 44,963. The firm has a fifty day moving average price of $22.09 and a 200 day moving average price of $22.29. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $20.65 and a one year high of $22.71.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were paid a $0.125 dividend. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $1.50 annualized dividend and a dividend yield of 6.96%.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

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.