WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY) Short Interest Up 68.6% in August

WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 41,874 shares, an increase of 68.6% from the July 30th total of 24,833 shares. Based on an average trading volume of 17,595 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.0% of the company’s stock are sold short.

WisdomTree U.S. High Yield Corporate Bond Fund Trading Down 0.2%

BATS QHY opened at $45.59 on Tuesday. The firm’s 50 day moving average is $45.81 and its 200-day moving average is $45.93. WisdomTree U.S. High Yield Corporate Bond Fund has a 12-month low of $44.91 and a 12-month high of $47.00.

Hedge Funds Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

Hedge funds have recently modified their holdings of the stock. Team Financial Group LLC boosted its position in WisdomTree U.S. High Yield Corporate Bond Fund by 2.4% during the first quarter. Team Financial Group LLC now owns 9,930 shares of the company’s stock valued at $452,000 after purchasing an additional 235 shares during the last quarter. RFG Advisory LLC increased its position in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 2.7% in the fourth quarter. RFG Advisory LLC now owns 11,873 shares of the company’s stock worth $551,000 after purchasing an additional 309 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 6.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 6,779 shares of the company’s stock valued at $315,000 after buying an additional 423 shares in the last quarter. International Assets Investment Management LLC acquired a new position in WisdomTree U.S. High Yield Corporate Bond Fund during the fourth quarter valued at approximately $33,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of WisdomTree U.S. High Yield Corporate Bond Fund by 2.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 35,856 shares of the company’s stock worth $1,650,000 after buying an additional 745 shares during the last quarter.

WisdomTree U.S. High Yield Corporate Bond Fund Company Profile

The WisdomTree U.S. High Yield Corporate Bond Fund (QHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. QHY was launched on Apr 27, 2016 and is issued by WisdomTree.