Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Update

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 379,700 shares, a decline of 15.7% from the October 15th total of 450,200 shares. Based on an average trading volume of 470,900 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Credit Suisse High Yield Bond Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Advisors LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at approximately $245,000. Integrated Capital Management Inc. raised its stake in shares of Credit Suisse High Yield Bond Fund by 13.0% in the 2nd quarter. Integrated Capital Management Inc. now owns 94,676 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 10,903 shares during the period. Robinson Capital Management LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at approximately $119,000. First Western Trust Bank purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at approximately $101,000. Finally, IFG Advisory LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the 2nd quarter valued at approximately $72,000.

Credit Suisse High Yield Bond Fund Stock Performance

NYSEAMERICAN:DHY remained flat at $2.17 on Monday. 100,466 shares of the company’s stock traded hands, compared to its average volume of 462,884. Credit Suisse High Yield Bond Fund has a 12 month low of $1.89 and a 12 month high of $2.27.

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.