WisdomTree Alternative Income Fund (BATS:HYIN) Trading 0% Higher – Here’s What Happened

Posted by Mark Dietrich on Nov 21st, 2024

Shares of WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) shot up 0% during trading on Monday . The company traded as high as $18.48 and last traded at $18.45. 30,538 shares were traded during trading, The stock had previously closed at $18.44.

WisdomTree Alternative Income Fund Stock Performance

The business’s fifty day moving average is $18.78 and its 200-day moving average is $18.76. The firm has a market cap of $16.61 million, a P/E ratio of 9.91 and a beta of 0.84.

WisdomTree Alternative Income Fund Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 30th. Stockholders of record on Monday, October 28th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, October 28th.

Institutional Trading of WisdomTree Alternative Income Fund

A hedge fund recently raised its stake in WisdomTree Alternative Income Fund stock. Wedbush Securities Inc. grew its holdings in shares of WisdomTree Alternative Income Fund (BATS:HYIN – Free Report) by 112.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,094 shares of the company’s stock after buying an additional 14,335 shares during the period. Wedbush Securities Inc. owned approximately 3.01% of WisdomTree Alternative Income Fund worth $500,000 as of its most recent filing with the SEC.

About WisdomTree Alternative Income Fund

(Get Free Report)

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.