WisdomTree Alternative Income Fund (BATS:HYIN) Sees Large Growth in Short Interest

WisdomTree Alternative Income Fund (BATS:HYIN) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 7,955 shares, a growth of 118.9% from the October 15th total of 3,634 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 22,316 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On WisdomTree Alternative Income Fund

A number of institutional investors have recently bought and sold shares of the business. Uhlmann Price Securities LLC acquired a new position in WisdomTree Alternative Income Fund in the third quarter worth $2,701,000. WealthPLAN Partners LLC acquired a new stake in WisdomTree Alternative Income Fund during the 3rd quarter worth $567,000. WealthPlan Investment Management LLC increased its holdings in WisdomTree Alternative Income Fund by 18.3% in the third quarter. WealthPlan Investment Management LLC now owns 487,470 shares of the company’s stock valued at $6,220,000 after purchasing an additional 75,522 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in WisdomTree Alternative Income Fund by 17.3% during the first quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock valued at $966,000 after purchasing an additional 9,860 shares during the period.

WisdomTree Alternative Income Fund Stock Performance

Shares of BATS:HYIN traded up $0.04 during midday trading on Friday, hitting $11.76. 39,553 shares of the stock were exchanged, compared to its average volume of 24,193. The business’s fifty day simple moving average is $12.70 and its two-hundred day simple moving average is $14.07. WisdomTree Alternative Income Fund has a 52-week low of $11.60 and a 52-week high of $16.53. The company has a market capitalization of $43.51 million, a PE ratio of 13.26 and a beta of 0.92.

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.