Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 92,700 shares, a decline of 41.5% from the August 15th total of 158,500 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 687,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 687,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Institutional Trading of Credit Suisse High Yield Bond Fund
Institutional investors and hedge funds have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund during the 1st quarter worth approximately $54,000. Jane Street Group LLC bought a new position in Credit Suisse High Yield Bond Fund in the 4th quarter valued at approximately $197,000. Janney Montgomery Scott LLC lifted its stake in Credit Suisse High Yield Bond Fund by 20.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 125,129 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 21,625 shares during the last quarter. Integrated Advisors Network LLC lifted its stake in Credit Suisse High Yield Bond Fund by 30.6% in the 1st quarter. Integrated Advisors Network LLC now owns 49,580 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 11,616 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Credit Suisse High Yield Bond Fund by 13.1% in the 4th quarter. Bank of America Corp DE now owns 52,595 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 6,100 shares during the last quarter.
Credit Suisse High Yield Bond Fund Stock Performance
Shares of DHY opened at $2.10 on Friday. Credit Suisse High Yield Bond Fund has a 52 week low of $1.82 and a 52 week high of $2.27. The firm’s 50-day simple moving average is $2.11 and its 200 day simple moving average is $2.09.
Credit Suisse High Yield Bond Fund Dividend Announcement
About Credit Suisse High Yield Bond Fund
Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.
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