WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Large Decrease in Short Interest

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 11,700 shares, a decrease of 60.6% from the February 13th total of 29,700 shares. Based on an average trading volume of 52,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of institutional investors have recently bought and sold shares of HYZD. LPL Financial LLC grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% during the fourth quarter. LPL Financial LLC now owns 733,434 shares of the company’s stock worth $16,312,000 after purchasing an additional 140,009 shares during the period. Raymond James Financial Inc. bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at about $1,482,000. Commonwealth Equity Services LLC grew its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 18.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 83,799 shares of the company’s stock valued at $1,864,000 after purchasing an additional 13,008 shares during the period. Elevation Capital Advisory LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth $6,279,000. Finally, Private Trust Co. NA bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth $134,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

NASDAQ:HYZD traded down $0.10 on Thursday, hitting $22.04. 15,435 shares of the stock were exchanged, compared to its average volume of 61,238. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52 week low of $21.33 and a 52 week high of $22.71. The company’s 50-day moving average price is $22.43 and its 200 day moving average price is $22.32.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were paid a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $1.26 dividend on an annualized basis and a yield of 5.72%.

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.