WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Significant Decline in Short Interest

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 11,700 shares, a drop of 60.6% from the February 13th total of 29,700 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 52,300 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in HYZD. Private Trust Co. NA bought a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter worth $134,000. Prospera Financial Services Inc acquired a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter worth $324,000. Legacy Capital Wealth Partners LLC bought a new position in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund in the fourth quarter worth $329,000. Moloney Securities Asset Management LLC raised its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 13.0% in the fourth quarter. Moloney Securities Asset Management LLC now owns 16,545 shares of the company’s stock valued at $368,000 after purchasing an additional 1,908 shares in the last quarter. Finally, Oregon Pacific Wealth Management LLC bought a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the fourth quarter worth about $476,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Trading Up 0.6 %

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock traded up $0.13 during trading on Friday, reaching $22.11. The company’s stock had a trading volume of 68,176 shares, compared to its average volume of 63,008. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52 week low of $21.33 and a 52 week high of $22.71. The business’s 50-day moving average price is $22.43 and its 200-day moving average price is $22.32.

WisdomTree Interest Rate Hedged High Yield Bond Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.105 per share. The ex-dividend date was Tuesday, February 25th. This represents a $1.26 annualized dividend and a dividend yield of 5.70%.

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.