WisdomTree Alternative Income Fund (BATS:HYIN) Short Interest Up 83.2% in June

WisdomTree Alternative Income Fund (BATS:HYIN) was the recipient of a large 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. Based on an average trading volume of 27,897 shares, the short-interest ratio is presently 2.3 days. Approximately 1.9% of the shares of the company are short sold.

Institutional Trading of WisdomTree Alternative Income Fund

Large investors have recently bought and sold shares of the company. WealthPlan Investment Management LLC bought a new stake in shares of WisdomTree Alternative Income Fund in the fourth quarter valued at $2,183,000. Uhlmann Price Securities LLC bought a new position in shares of WisdomTree Alternative Income Fund during the 1st quarter worth $1,423,000. Cetera Investment Advisers grew its stake in shares of WisdomTree Alternative Income Fund by 17.3% during the 1st quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock worth $966,000 after acquiring an additional 9,860 shares during the period. Jane Street Group LLC purchased a new stake in WisdomTree Alternative Income Fund in the 1st quarter worth about $475,000. Finally, Delta Investment Management LLC purchased a new stake in WisdomTree Alternative Income Fund in the 4th quarter worth about $356,000.

WisdomTree Alternative Income Fund Stock Up 1.3%

Shares of HYIN stock opened at $14.54 on Friday. The firm has a market cap of $50.89 million, a P/E ratio of 9.57 and a beta of 0.99. The company has a 50 day moving average of $14.27 and a 200-day moving average of $14.86. WisdomTree Alternative Income Fund has a 12-month low of $13.81 and a 12-month high of $17.86.

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.