WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Down 97.5% in August

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the recipient of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,300 shares, a decrease of 97.5% from the July 31st total of 52,700 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is presently 0.0 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

HYZD stock opened at $21.98 on Wednesday. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 1-year low of $20.68 and a 1-year high of $22.30. The business has a 50 day simple moving average of $21.92 and a two-hundred day simple moving average of $21.94.

WisdomTree Interest Rate Hedged High Yield Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, August 29th. Investors of record on Tuesday, August 27th will be given a dividend of $0.12 per share. This is a positive change from WisdomTree Interest Rate Hedged High Yield Bond Fund’s previous monthly dividend of $0.11. The ex-dividend date is Tuesday, August 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.55%.

Hedge Funds Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Institutional investors have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. grew its position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 62.1% during the first quarter. B. Riley Wealth Advisors Inc. now owns 1,170,554 shares of the company’s stock valued at $24,722,000 after purchasing an additional 448,492 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 590.0% during the 1st quarter. Kestra Advisory Services LLC now owns 687,065 shares of the company’s stock valued at $15,136,000 after buying an additional 587,488 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 44.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 14,288 shares of the company’s stock valued at $315,000 after buying an additional 4,404 shares in the last quarter. Advisory Alpha LLC increased its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 2.8% in the 1st quarter. Advisory Alpha LLC now owns 49,248 shares of the company’s stock worth $1,085,000 after acquiring an additional 1,351 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 50,791 shares of the company’s stock worth $1,119,000 after acquiring an additional 6,674 shares in the last quarter.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

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.