Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Increases By 73.2%

by · The Cerbat Gem

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 73,977 shares, a growth of 73.2% from the June 15th total of 42,703 shares. Based on an average daily volume of 38,154 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.7% of the shares of the stock are short sold.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock opened at $22.62 on Friday. The firm has a 50 day simple moving average of $22.57 and a 200 day simple moving average of $22.51. WisdomTree Interest Rate Hedged High Yield Bond Fund has a fifty-two week low of $21.94 and a fifty-two week high of $22.81.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. UBS Group AG boosted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% in the 4th quarter. UBS Group AG now owns 1,517,433 shares of the company’s stock valued at $34,189,000 after purchasing an additional 131,931 shares during the last quarter. LPL Financial LLC boosted its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% in the fourth quarter. LPL Financial LLC now owns 1,481,490 shares of the company’s stock valued at $33,379,000 after acquiring an additional 325,481 shares during the last quarter. Systelligence LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter worth $7,810,000. Cetera Investment Advisers grew its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 24.4% during the 1st quarter. Cetera Investment Advisers now owns 191,434 shares of the company’s stock worth $4,213,000 after acquiring an additional 37,557 shares during the period. Finally, Integrated Wealth Concepts LLC increased its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 3.9% in the fourth quarter. Integrated Wealth Concepts LLC now owns 159,503 shares of the company’s stock valued at $3,594,000 after purchasing an additional 5,985 shares during the last quarter.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

(Get Free Report)

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.

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