WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY) Sees Significant Drop in Short Interest

WisdomTree U.S. High Yield Corporate Bond Fund (BATS:QHY) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,755 shares, a decrease of 64.7% from the April 30th total of 4,965 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 11,224 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On WisdomTree U.S. High Yield Corporate Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund in the 4th quarter worth approximately $33,000. Western Wealth Management LLC acquired a new stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund in the 1st quarter worth approximately $71,000. EP Wealth Advisors LLC acquired a new stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund in the 2nd quarter worth approximately $104,000. SHP Wealth Management acquired a new stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund in the 4th quarter worth approximately $156,000. Finally, Integrity Alliance LLC. acquired a new stake in shares of WisdomTree U.S. High Yield Corporate Bond Fund in the 4th quarter worth approximately $205,000.

WisdomTree U.S. High Yield Corporate Bond Fund Stock Performance

QHY opened at $45.87 on Friday. The stock’s 50 day simple moving average is $45.88 and its 200 day simple moving average is $46.25. WisdomTree U.S. High Yield Corporate Bond Fund has a 1-year low of $44.91 and a 1-year high of $47.00.

WisdomTree U.S. High Yield Corporate Bond Fund Company Profile

The WisdomTree U.S. High Yield Corporate Bond Fund (QHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index composed of high-yield, US corporate bonds. Constituents are selected and weighted by fundamental factors and bond risk characteristics. QHY was launched on Apr 27, 2016 and is issued by WisdomTree.