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

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 546,300 shares, an increase of 11.3% from the December 15th total of 490,700 shares. Based on an average trading volume of 356,100 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Investors Weigh In On Credit Suisse High Yield Bond Fund

Large investors have recently modified their holdings of the company. Truist Financial Corp bought a new stake in Credit Suisse High Yield Bond Fund during the second quarter valued at $25,000. Integrated Advisors Network LLC bought a new position in shares of Credit Suisse High Yield Bond Fund in the 3rd quarter worth about $27,000. D.A. Davidson & CO. acquired a new position in shares of Credit Suisse High Yield Bond Fund in the 3rd quarter valued at about $39,000. Finally, Park Avenue Securities LLC boosted its position in shares of Credit Suisse High Yield Bond Fund by 5.3% during the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 24,667 shares in the last quarter.

Credit Suisse High Yield Bond Fund Trading Up 1.4 %

Shares of DHY stock opened at $2.13 on Monday. Credit Suisse High Yield Bond Fund has a one year low of $1.93 and a one year high of $2.27.

Credit Suisse High Yield Bond Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be paid a $0.0155 dividend. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date is Thursday, January 16th.

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.