Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Declines By 57.5%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 44,007 shares, a decrease of 57.5% from the August 15th total of 103,490 shares. Based on an average trading volume of 118,053 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Down 0.0%

Shares of HYZD traded down $0.01 during trading hours on Tuesday, reaching $22.57. 69,494 shares of the company traded hands, compared to its average volume of 69,987. The stock has a fifty day simple moving average of $22.61 and a 200 day simple moving average of $22.52. 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 Investors Weigh In On WisdomTree Interest Rate Hedged High Yield Bond Fund

Several hedge funds have recently modified their holdings of HYZD. Systelligence LLC acquired a new stake in WisdomTree Interest Rate Hedged High Yield Bond Fund during the first quarter worth approximately $7,810,000. Cetera Investment Advisers raised its holdings in WisdomTree Interest Rate Hedged High Yield Bond Fund by 24.4% in the 1st quarter. Cetera Investment Advisers now owns 191,434 shares of the company’s stock valued at $4,213,000 after acquiring an additional 37,557 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 185,404 shares of the company’s stock worth $4,173,000 after purchasing an additional 15,442 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 7.3% during the 1st quarter. Kestra Advisory Services LLC now owns 139,173 shares of the company’s stock worth $3,063,000 after purchasing an additional 9,484 shares during the period. Finally, Vicus Capital boosted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.0% during the first quarter. Vicus Capital now owns 128,704 shares of the company’s stock worth $2,833,000 after purchasing an additional 10,581 shares during 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.