WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Sees Large Growth in Short Interest
WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) experienced a significant increase in short interest, rising 619.2% to 18,700 shares as of August 15, compared to 2,600 shares on July 31. The days-to-cover ratio is currently 0.6 days based on an average daily volume of 30,800 shares. The fund's stock price decreased by 0.1% to $22.39, with a 12-month range of $20.65 to $22.71. Additionally, the fund recently cut its monthly dividend to $0.11 per share, yielding 5.9%.
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