Short Interest in WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Rises By 150.9%

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 59,635 shares, a growth of 150.9% from the April 30th total of 23,767 shares. Based on an average daily volume of 53,267 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% of the shares of the company are short sold.

WisdomTree Interest Rate Hedged High Yield Bond Fund Stock Performance

Shares of WisdomTree Interest Rate Hedged High Yield Bond Fund stock opened at $22.42 on Friday. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 12-month low of $21.94 and a 12-month high of $22.81. The firm’s 50 day simple moving average is $22.46 and its two-hundred day simple moving average is $22.49.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. AE Wealth Management LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 3rd quarter valued at approximately $28,000. CWM LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 4th quarter valued at approximately $37,000. NewEdge Advisors LLC acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 2nd quarter valued at approximately $117,000. Private Trust Co. NA increased its stake in WisdomTree Interest Rate Hedged High Yield Bond Fund by 15.1% during the 4th quarter. Private Trust Co. NA now owns 6,917 shares of the company’s stock valued at $156,000 after purchasing an additional 905 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in WisdomTree Interest Rate Hedged High Yield Bond Fund during the 1st quarter valued at approximately $182,000.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a long\u002Fshort net-zero duration bond index that’s long US high-yield issues and short Treasury futures. HYZD was launched on Dec 18, 2013 and is managed by WisdomTree.