Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Declines By 81.6%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 10,975 shares, a drop of 81.6% from the May 14th total of 59,635 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 75,696 shares, the days-to-cover ratio is currently 0.1 days.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Up 0.2%

NASDAQ HYZD traded up $0.04 during midday trading on Friday, hitting $22.60. 22,963 shares of the company traded hands, compared to its average volume of 62,039. The company’s 50-day simple moving average is $22.52 and its 200-day simple moving average is $22.50. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52 week low of $21.94 and a 52 week high of $22.81.

Institutional Trading of WisdomTree Interest Rate Hedged High Yield Bond Fund

Several hedge funds and other institutional investors have recently made changes to their positions in HYZD. Systelligence LLC purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at $7,810,000. LPL Financial LLC lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 28.2% during the 4th quarter. LPL Financial LLC now owns 1,481,490 shares of the company’s stock valued at $33,379,000 after purchasing an additional 325,481 shares during the last quarter. Savvy Advisors Inc. purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at $3,222,000. UBS Group AG lifted its holdings in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund by 9.5% during 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. Finally, Bank of New York Mellon Corp purchased a new stake in shares of WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at $2,126,000.

WisdomTree Interest Rate Hedged High Yield Bond Fund Company Profile

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.