WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Up 71.8% in March

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 20,100 shares, a growth of 71.8% from the February 28th total of 11,700 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 55,700 shares, the days-to-cover ratio is presently 0.4 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Down 0.5 %

HYZD traded down $0.10 during trading hours on Friday, hitting $21.92. The stock had a trading volume of 23,574 shares, compared to its average volume of 43,276. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1 year low of $21.33 and a 1 year high of $22.71. The company’s fifty day simple moving average is $22.36 and its 200 day simple moving average is $22.33.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The firm 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 an increase 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 6.84%.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

Several hedge funds and other institutional investors have recently modified their holdings of HYZD. Elevation Capital Advisory LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the 4th quarter valued at approximately $6,279,000. GeoWealth Management LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth $6,279,000. LPL Financial LLC grew its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% in the fourth quarter. LPL Financial LLC now owns 733,434 shares of the company’s stock valued at $16,312,000 after purchasing an additional 140,009 shares in the last quarter. Vicus Capital bought a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at $2,536,000. Finally, Raymond James Financial Inc. purchased a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth about $1,482,000.

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.