Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Update

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 546,300 shares, a growth of 11.3% from the December 15th total of 490,700 shares. Based on an average daily volume of 356,100 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Advisors Network LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the 3rd quarter worth approximately $27,000. Truist Financial Corp acquired a new position in shares of Credit Suisse High Yield Bond Fund during the second quarter worth $25,000. D.A. Davidson & CO. bought a new stake in shares of Credit Suisse High Yield Bond Fund in the third quarter worth $39,000. Finally, Park Avenue Securities LLC increased its holdings in Credit Suisse High Yield Bond Fund by 5.3% in the fourth quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 24,667 shares during the period.

Credit Suisse High Yield Bond Fund Trading Up 1.4 %

NYSEAMERICAN DHY opened at $2.13 on Monday. Credit Suisse High Yield Bond Fund has a twelve month low of $1.93 and a twelve month high of $2.27.

Credit Suisse High Yield Bond Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 16th will be issued a dividend of $0.0155 per share. This represents a $0.19 annualized dividend and a dividend yield of 8.73%. The ex-dividend date is Thursday, January 16th.

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.