Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Down 10.8% in October

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 450,200 shares, a decline of 10.8% from the September 30th total of 504,600 shares. Based on an average daily trading volume, of 533,600 shares, the days-to-cover ratio is presently 0.8 days.

Credit Suisse High Yield Bond Fund Price Performance

Shares of Credit Suisse High Yield Bond Fund stock remained flat at $2.14 on Thursday. The company’s stock had a trading volume of 223,729 shares, compared to its average volume of 471,898. Credit Suisse High Yield Bond Fund has a twelve month low of $1.79 and a twelve month high of $2.27.

Institutional Trading of Credit Suisse High Yield Bond Fund

Large investors have recently modified their holdings of the company. City of London Investment Management Co. Ltd. purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter worth about $517,000. Cetera Advisors LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund during the first quarter worth $245,000. Integrated Capital Management Inc. lifted its position in shares of Credit Suisse High Yield Bond Fund by 13.0% during the second quarter. Integrated Capital Management Inc. now owns 94,676 shares of the real estate investment trust’s stock worth $191,000 after purchasing an additional 10,903 shares during the last quarter. Robinson Capital Management LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter valued at about $119,000. Finally, First Western Trust Bank bought a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter valued at about $101,000.

Credit Suisse High Yield Bond Fund Company Profile

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.