Credit Suisse High Yield Bond Fund (NYSE:DHY) Short Interest Update
Credit Suisse High Yield Bond Fund (NYSE:DHY) was the target of a significant growth in short interest in July. As of July 14th, there was short interest totalling 804,107 shares, a growth of 13.7% from the June 30th total of 707,068 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily volume of 284,522 shares, the days-to-cover ratio is currently 2.8 days.
Shares of Credit Suisse High Yield Bond Fund (DHY) remained flat at $2.84 during midday trading on Tuesday. 230,806 shares of the company were exchanged. Credit Suisse High Yield Bond Fund has a 52 week low of $2.17 and a 52 week high of $2.91. The company has a 50-day moving average price of $2.85 and a 200 day moving average price of $2.76.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 25th. Shareholders of record on Wednesday, July 19th will be paid a $0.022 dividend. The ex-dividend date of this dividend is Monday, July 17th. This represents a $0.26 annualized dividend and a yield of 9.30%.
TRADEMARK VIOLATION WARNING: “Credit Suisse High Yield Bond Fund (NYSE:DHY) Short Interest Update” was reported by American Banking News and is owned by of American Banking News. If you are reading this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this article can be read at https://www.americanbankingnews.com/2017/07/25/credit-suisse-high-yield-bond-fund-nysedhy-short-interest-update.html.
Credit Suisse High Yield Bond Fund Company Profile
Credit Suisse High Yield Bond Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income. The Fund will also seek capital appreciation as a secondary objective. The Fund invests in various sectors, such as advertising, auto parts and equipment, brokerage, building and construction, building materials, cable and satellite television, chemicals, consumer/commercial/lease financing, diversified capital goods, electronics, energy-exploration and production, food-wholesale, forestry and paper, gaming, gas distribution, real estate investment trusts, software-services, specialty retail, steel producers/products, support-services, theaters and entertainment, transport infrastructure/services, aerospace and defense, machinery, collateralized debt obligations and health facilities.
Receive News & Ratings for Credit Suisse High Yield Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse High Yield Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.