WisdomTree Alternative Income Fund (BATS:HYIN) Shares Shorted: Short Interest Up 84.5% in October

WisdomTree Alternative Income Fund (BATS:HYIN) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,634 shares, a growth of 84.5% from the September 30th total of 1,970 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 18,284 shares, the days-to-cover ratio is currently 0.2 days.

WisdomTree Alternative Income Fund Price Performance

Shares of BATS HYIN opened at $12.13 on Monday. The company’s 50 day simple moving average is $13.13 and its 200 day simple moving average is $14.28. WisdomTree Alternative Income Fund has a fifty-two week low of $12.02 and a fifty-two week high of $16.53. The firm has a market capitalization of $42.45 million, a P/E ratio of 9.57 and a beta of 0.99.

Institutional Trading of WisdomTree Alternative Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. WealthPLAN Partners LLC boosted its position in shares of WisdomTree Alternative Income Fund by 35.9% in the 1st quarter. WealthPLAN Partners LLC now owns 19,341 shares of the company’s stock worth $279,000 after purchasing an additional 5,109 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of WisdomTree Alternative Income Fund by 17.3% during the first quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock worth $966,000 after purchasing an additional 9,860 shares during the period. Finally, WealthPlan Investment Management LLC increased its holdings in WisdomTree Alternative Income Fund by 18.3% in the third quarter. WealthPlan Investment Management LLC now owns 487,470 shares of the company’s stock valued at $6,220,000 after purchasing an additional 75,522 shares during the last quarter.

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.