Credit Suisse High Yield Bond Fund (NYSE:DHY) was the target of a significant decrease in short interest in October. As of October 13th, there was short interest totalling 498,893 shares, a decrease of 13.8% from the September 29th total of 578,626 shares. Based on an average daily volume of 214,684 shares, the short-interest ratio is presently 2.3 days. Currently, 0.6% of the shares of the stock are short sold.

Shares of Credit Suisse High Yield Bond Fund (NYSE DHY) opened at 2.87 on Wednesday. The stock has a 50 day moving average price of $2.86 and a 200-day moving average price of $2.83. Credit Suisse High Yield Bond Fund has a 52-week low of $2.17 and a 52-week high of $2.91.

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 24th. Shareholders of record on Wednesday, October 18th were issued a $0.022 dividend. The ex-dividend date was Tuesday, October 17th. This represents a $0.26 annualized dividend and a yield of 9.20%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN raised its holdings in Credit Suisse High Yield Bond Fund by 2.0% in the 2nd quarter. Wells Fargo & Company MN now owns 243,449 shares of the real estate investment trust’s stock valued at $689,000 after acquiring an additional 4,677 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in Credit Suisse High Yield Bond Fund by 43.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 37,639 shares of the real estate investment trust’s stock valued at $107,000 after acquiring an additional 11,328 shares during the last quarter. First Allied Advisory Services Inc. raised its holdings in Credit Suisse High Yield Bond Fund by 70.8% in the 2nd quarter. First Allied Advisory Services Inc. now owns 41,000 shares of the real estate investment trust’s stock valued at $116,000 after acquiring an additional 17,000 shares during the last quarter. IFC Holdings Incorporated FL raised its holdings in Credit Suisse High Yield Bond Fund by 27.1% in the 2nd quarter. IFC Holdings Incorporated FL now owns 160,597 shares of the real estate investment trust’s stock valued at $451,000 after acquiring an additional 34,256 shares during the last quarter. Finally, Virtu KCG Holdings LLC raised its holdings in Credit Suisse High Yield Bond Fund by 170.7% in the 2nd quarter. Virtu KCG Holdings LLC now owns 124,925 shares of the real estate investment trust’s stock valued at $354,000 after acquiring an additional 78,769 shares during the last quarter.

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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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