Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Rises By 289.1%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 42,703 shares, a growth of 289.1% from the May 31st total of 10,975 shares. Based on an average daily volume of 64,091 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the company are short sold.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

NASDAQ HYZD traded down $0.03 on Monday, hitting $22.45. 25,647 shares of the company’s stock were exchanged, compared to its average volume of 59,506. The firm’s 50-day moving average price is $22.57 and its two-hundred day moving average price is $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $21.94 and a fifty-two week high of $22.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Systelligence LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund in the first quarter valued at $7,810,000. LPL Financial LLC boosted its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% during the 4th quarter. LPL Financial LLC now owns 1,481,490 shares of the company’s stock worth $33,379,000 after purchasing an additional 325,481 shares in the last quarter. Savvy Advisors Inc. acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth $3,222,000. UBS Group AG grew its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% during the 4th quarter. UBS Group AG now owns 1,517,433 shares of the company’s stock worth $34,189,000 after purchasing an additional 131,931 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the 1st quarter valued at about $2,126,000.

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.