Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Short Interest Up 206.4% in September

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 504,600 shares, an increase of 206.4% from the September 15th total of 164,700 shares. Based on an average daily volume of 574,700 shares, the short-interest ratio is presently 0.9 days.

Credit Suisse High Yield Bond Fund Trading Down 0.5 %

Shares of DHY stock opened at $2.21 on Friday. Credit Suisse High Yield Bond Fund has a one year low of $1.78 and a one year high of $2.27.

Institutional Investors Weigh In On Credit Suisse High Yield Bond Fund

Several institutional investors and hedge funds have recently made changes to their positions in DHY. Truist Financial Corp acquired a new stake in Credit Suisse High Yield Bond Fund during the 2nd quarter valued at $25,000. Capital Market Strategies LLC acquired a new stake in Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $25,000. Thoroughbred Financial Services LLC bought a new position in shares of Credit Suisse High Yield Bond Fund in the second quarter worth about $36,000. IFG Advisory LLC acquired a new position in shares of Credit Suisse High Yield Bond Fund during the second quarter worth approximately $72,000. Finally, First Western Trust Bank acquired a new position in shares of Credit Suisse High Yield Bond Fund during the first quarter worth approximately $101,000.

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.