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

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a large growth in short interest in 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 stock are short sold. Based on an average daily volume of 55,700 shares, the short-interest ratio is currently 0.4 days.

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

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded down $0.10 during trading 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 12 month low of $21.33 and a 12 month high of $22.71. The business’s 50-day moving average is $22.36 and its 200 day moving average is $22.33.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were issued a $0.125 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $1.50 annualized dividend and a dividend yield of 6.84%. This is a boost from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of large investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC lifted its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 5.6% during the third quarter. Integrated Wealth Concepts LLC now owns 125,157 shares of the company’s stock valued at $2,771,000 after purchasing an additional 6,600 shares during the last quarter. Empirical Asset Management LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.4% during the 4th quarter. Empirical Asset Management LLC now owns 32,240 shares of the company’s stock worth $717,000 after acquiring an additional 2,218 shares during the last quarter. Advisory Alpha LLC grew its position in WisdomTree Interest Rate Hedged High Yield Bond Fund by 4.5% in the fourth quarter. Advisory Alpha LLC now owns 42,681 shares of the company’s stock worth $949,000 after acquiring an additional 1,827 shares in the last quarter. Oregon Pacific Wealth Management LLC purchased a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth $476,000. Finally, Moloney Securities Asset Management LLC increased its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.0% in the fourth quarter. Moloney Securities Asset Management LLC now owns 16,545 shares of the company’s stock valued at $368,000 after acquiring an additional 1,908 shares during the last quarter.

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.