WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 7,955 shares, a growth of 118.9% from the October 15th total of 3,634 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 22,316 shares, the days-to-cover ratio is presently 0.4 days.
WisdomTree Alternative Income Fund Stock Performance
Shares of HYIN stock traded up $0.04 on Friday, reaching $11.76. The stock had a trading volume of 39,553 shares, compared to its average volume of 24,193. WisdomTree Alternative Income Fund has a 1 year low of $11.60 and a 1 year high of $16.53. The stock has a market cap of $43.51 million, a P/E ratio of 13.26 and a beta of 0.92. The company has a 50 day simple moving average of $12.70 and a 200 day simple moving average of $14.07.
Institutional Investors Weigh In On WisdomTree Alternative Income Fund
Large investors have recently made changes to their positions in the company. Uhlmann Price Securities LLC bought a new position in shares of WisdomTree Alternative Income Fund in the 3rd quarter worth approximately $2,701,000. WealthPLAN Partners LLC purchased a new position in shares of WisdomTree Alternative Income Fund during the 3rd quarter worth $567,000. WealthPlan Investment Management LLC boosted its stake in shares of WisdomTree Alternative Income Fund by 18.3% during the 3rd quarter. WealthPlan Investment Management LLC now owns 487,470 shares of the company’s stock worth $6,220,000 after acquiring an additional 75,522 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of WisdomTree Alternative Income Fund by 17.3% during the 1st quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock worth $966,000 after acquiring an additional 9,860 shares during the last quarter.
WisdomTree Alternative Income Fund Company Profile
The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.
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