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 increase in short interest during the month of March. As of March 15th, there was short interest totalling 20,100 shares, an increase of 71.8% from the February 28th total of 11,700 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading 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 on Friday, reaching $21.92. 23,574 shares of the company were exchanged, compared to its average volume of 43,276. WisdomTree Interest Rate Hedged High Yield Bond Fund has a one year low of $21.33 and a one year high of $22.71. The company has a 50-day moving average of $22.36 and a 200 day moving average of $22.34.

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. Investors of record on Wednesday, March 26th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $1.50 dividend on an annualized basis and a 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

Several institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC boosted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 23.6% during the 4th quarter. LPL Financial LLC now owns 733,434 shares of the company’s stock worth $16,312,000 after acquiring an additional 140,009 shares during the period. GeoWealth Management LLC bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth $6,279,000. Elevation Capital Advisory LLC acquired a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter valued at $6,279,000. Ameriprise Financial Inc. raised its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.2% in the fourth quarter. Ameriprise Financial Inc. now owns 210,502 shares of the company’s stock valued at $4,682,000 after purchasing an additional 24,568 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 136,664 shares of the company’s stock valued at $3,039,000 after purchasing an additional 11,507 shares during the period.

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.