Credit Suisse High Yield Bond Fund (NYSE:DHY) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 720,200 shares, a decrease of 5.8% from the August 15th total of 764,560 shares. Based on an average daily volume of 174,454 shares, the days-to-cover ratio is currently 4.1 days. Currently, 0.8% of the shares of the company are short sold.

Institutional investors have recently added to or reduced their stakes in the business. First Allied Advisory Services Inc. boosted its holdings in Credit Suisse High Yield Bond Fund by 70.8% in the second quarter. First Allied Advisory Services Inc. now owns 41,000 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 17,000 shares during the period. Virtu KCG Holdings LLC boosted its holdings in Credit Suisse High Yield Bond Fund by 170.7% in the second quarter. Virtu KCG Holdings LLC now owns 124,925 shares of the real estate investment trust’s stock worth $354,000 after purchasing an additional 78,769 shares during the period. Ameriprise Financial Inc. boosted its holdings in Credit Suisse High Yield Bond Fund by 50.5% in the second quarter. Ameriprise Financial Inc. now owns 489,308 shares of the real estate investment trust’s stock worth $1,379,000 after purchasing an additional 164,196 shares during the period. Wells Fargo & Company MN boosted its holdings in Credit Suisse High Yield Bond Fund by 2.0% in the second quarter. Wells Fargo & Company MN now owns 243,449 shares of the real estate investment trust’s stock worth $689,000 after purchasing an additional 4,677 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Credit Suisse High Yield Bond Fund by 43.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 37,639 shares of the real estate investment trust’s stock worth $107,000 after purchasing an additional 11,328 shares during the period.

Shares of Credit Suisse High Yield Bond Fund (NYSE:DHY) opened at 2.86 on Wednesday. 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 of $2.84 and a 200 day moving average of $2.80.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 25th. Shareholders of record on Tuesday, September 19th will be issued a $0.022 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 9.23%. The ex-dividend date is Monday, September 18th.

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About Credit Suisse High Yield Bond Fund

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.

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