Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Sees Significant Decrease in Short Interest

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 331,500 shares, a decline of 12.7% from the October 31st total of 379,700 shares. Based on an average daily trading volume, of 452,200 shares, the short-interest ratio is presently 0.7 days.

Credit Suisse High Yield Bond Fund Stock Performance

Shares of Credit Suisse High Yield Bond Fund stock remained flat at $2.20 on Tuesday. 288,533 shares of the stock were exchanged, compared to its average volume of 376,542. Credit Suisse High Yield Bond Fund has a 52-week low of $1.90 and a 52-week high of $2.27.

Institutional Trading of Credit Suisse High Yield Bond Fund

Large investors have recently bought and sold shares of the stock. Cetera Advisors LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the 1st quarter valued at approximately $245,000. IFG Advisory LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the 2nd quarter valued at approximately $72,000. Thoroughbred Financial Services LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the 2nd quarter valued at approximately $36,000. D.A. Davidson & CO. acquired a new stake in Credit Suisse High Yield Bond Fund during the 3rd quarter valued at approximately $39,000. Finally, Truist Financial Corp acquired a new stake in Credit Suisse High Yield Bond Fund during the 2nd quarter valued at approximately $25,000.

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.