WisdomTree Alternative Income Fund (BATS:HYIN) Shares Shorted: Short Interest Down 82.7% in September

WisdomTree Alternative Income Fund (BATS:HYIN) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,970 shares, a decrease of 82.7% from the September 15th total of 11,377 shares. Based on an average daily volume of 24,572 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On WisdomTree Alternative Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Uhlmann Price Securities LLC bought a new stake in WisdomTree Alternative Income Fund during the first quarter worth $1,423,000. Cetera Investment Advisers grew its position in shares of WisdomTree Alternative Income Fund by 17.3% in the 1st quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock valued at $966,000 after acquiring an additional 9,860 shares during the period. Finally, WealthPLAN Partners LLC grew its position in shares of WisdomTree Alternative Income Fund by 35.9% in the 1st quarter. WealthPLAN Partners LLC now owns 19,341 shares of the company’s stock valued at $279,000 after acquiring an additional 5,109 shares during the period.

WisdomTree Alternative Income Fund Price Performance

HYIN stock traded down $0.07 during mid-day trading on Friday, reaching $12.43. The company had a trading volume of 15,064 shares, compared to its average volume of 24,920. The stock has a 50 day simple moving average of $13.74 and a two-hundred day simple moving average of $14.16. The company has a market capitalization of $43.51 million, a price-to-earnings ratio of 9.57 and a beta of 0.99. WisdomTree Alternative Income Fund has a 52 week low of $12.29 and a 52 week high of $16.75.

WisdomTree Alternative Income Fund Company Profile

The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.