Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Sees Significant Increase in Short Interest

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 180,300 shares, an increase of 12.8% from the May 31st total of 159,800 shares. Based on an average trading volume of 297,300 shares, the short-interest ratio is currently 0.6 days.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of NYSEAMERICAN:DHY traded up $0.04 during trading on Monday, hitting $2.06. The stock had a trading volume of 197,109 shares, compared to its average volume of 431,438. Credit Suisse High Yield Bond Fund has a 12-month low of $1.78 and a 12-month high of $2.10.

Institutional Trading of Credit Suisse High Yield Bond Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Capital Market Strategies LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund during the first quarter worth $25,000. Atria Wealth Solutions Inc. raised its stake in shares of Credit Suisse High Yield Bond Fund by 28.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 26,889 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 5,882 shares during the last quarter. First Western Trust Bank acquired a new position in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $101,000. Robinson Capital Management LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter worth about $119,000. Finally, PFG Investments LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the first quarter worth about $227,000.

About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.