WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 64,892 shares, a growth of 83.2% from the June 15th total of 35,428 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily volume of 27,897 shares, the days-to-cover ratio is currently 2.3 days.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. WealthPlan Investment Management LLC bought a new stake in WisdomTree Alternative Income Fund during the 4th quarter valued at $2,183,000. Uhlmann Price Securities LLC purchased a new stake in shares of WisdomTree Alternative Income Fund during the first quarter worth $1,423,000. Jane Street Group LLC purchased a new stake in shares of WisdomTree Alternative Income Fund during the first quarter worth $475,000. Delta Investment Management LLC bought a new position in shares of WisdomTree Alternative Income Fund in the fourth quarter worth $356,000. Finally, Prospera Financial Services Inc bought a new position in shares of WisdomTree Alternative Income Fund in the fourth quarter worth $344,000.
WisdomTree Alternative Income Fund Stock Up 1.3%
HYIN opened at $14.54 on Friday. The firm has a 50-day moving average price of $14.27 and a 200-day moving average price of $14.86. WisdomTree Alternative Income Fund has a twelve month low of $13.81 and a twelve month high of $17.86. The company has a market capitalization of $50.89 million, a price-to-earnings ratio of 9.57 and a beta of 0.99.
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.
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