Credit Suisse High Yield Bond Fund (NYSE:DHY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 375,640 shares, an increase of 91.9% from the May 31st total of 195,771 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 223,537 shares, the short-interest ratio is presently 1.7 days.
Credit Suisse High Yield Bond Fund (NYSE DHY) opened at 2.82 on Friday. Credit Suisse High Yield Bond Fund has a 52-week low of $2.17 and a 52-week high of $2.91. The firm’s 50-day moving average is $2.85 and its 200-day moving average is $2.76.
The company also recently declared a monthly dividend, which will be paid on Tuesday, July 25th. Stockholders of record on Wednesday, July 19th will be issued a dividend of $0.022 per share. This represents a $0.26 annualized dividend and a dividend yield of 9.36%. The ex-dividend date is Monday, July 17th.
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About Credit Suisse High Yield Bond Fund
Credit Suisse High Yield Bond Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income. The Fund will also seek capital appreciation as a secondary objective. The Fund invests in various sectors, such as advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, diversified capital goods, electronics, energy-exploration and production, food-wholesale, forestry and paper, gaming, gas distribution, real estate investment trusts, software-services, specialty retail, steel producers/products, support-services, theaters and entertainment, transport infrastructure/services, aerospace and defense, machinery, collateralized debt obligations and health facilities.
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