WisdomTree Alternative Income Fund (BATS:HYIN) Short Interest Update

WisdomTree Alternative Income Fund (BATS:HYIN) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 34,120 shares, a decline of 37.9% from the May 14th total of 54,983 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 27,206 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On WisdomTree Alternative Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC purchased a new stake in shares of WisdomTree Alternative Income Fund in the third quarter valued at $45,000. Kestra Advisory Services LLC purchased a new stake in shares of WisdomTree Alternative Income Fund in the fourth quarter valued at $80,000. Osaic Holdings Inc. raised its stake in shares of WisdomTree Alternative Income Fund by 18.9% in the fourth quarter. Osaic Holdings Inc. now owns 12,869 shares of the company’s stock valued at $204,000 after acquiring an additional 2,047 shares during the period. WealthPLAN Partners LLC purchased a new stake in shares of WisdomTree Alternative Income Fund in the fourth quarter valued at $226,000. Finally, Breachway Investments LLC purchased a new stake in shares of WisdomTree Alternative Income Fund in the fourth quarter valued at $313,000.

WisdomTree Alternative Income Fund Stock Performance

Shares of HYIN opened at $14.26 on Monday. 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 cap of $49.91 million, a P/E ratio of 9.57 and a beta of 0.99. The company’s fifty day simple moving average is $14.59 and its 200-day simple moving average is $15.19.

About WisdomTree Alternative Income Fund

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.