Short Interest in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Decreases By 15.7%

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 379,700 shares, a drop of 15.7% from the October 15th total of 450,200 shares. Based on an average daily volume of 470,900 shares, the days-to-cover ratio is currently 0.8 days.

Credit Suisse High Yield Bond Fund Stock Up 1.2 %

Shares of NYSEAMERICAN:DHY traded up $0.03 during midday trading on Monday, hitting $2.18. The company had a trading volume of 366,763 shares, compared to its average volume of 464,078. Credit Suisse High Yield Bond Fund has a twelve month low of $1.89 and a twelve month high of $2.27.

Institutional Trading of Credit Suisse High Yield Bond Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cetera Advisors LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter valued at about $245,000. Integrated Capital Management Inc. increased its holdings in shares of Credit Suisse High Yield Bond Fund by 13.0% during the 2nd quarter. Integrated Capital Management Inc. now owns 94,676 shares of the real estate investment trust’s stock worth $191,000 after buying an additional 10,903 shares during the last quarter. Robinson Capital Management LLC purchased a new stake in shares of Credit Suisse High Yield Bond Fund during the 1st quarter valued at approximately $119,000. First Western Trust Bank acquired a new position in Credit Suisse High Yield Bond Fund in the first quarter valued at approximately $101,000. Finally, IFG Advisory LLC purchased a new position in Credit Suisse High Yield Bond Fund in the second quarter worth approximately $72,000.

Credit Suisse High Yield Bond Fund Company Profile

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.