WisdomTree Alternative Income Fund (BATS:HYIN) Trading 0% Higher – Should You Buy?

WisdomTree Alternative Income Fund (BATS:HYIN)’s share price traded up 0% during trading on Monday . The stock traded as high as $18.48 and last traded at $18.45. 30,538 shares changed hands during mid-day trading, The stock had previously closed at $18.44.

WisdomTree Alternative Income Fund Stock Performance

The stock’s fifty day simple moving average is $18.80 and its two-hundred day simple moving average is $18.76. The company has a market capitalization of $16.60 million, a price-to-earnings ratio of 9.91 and a beta of 0.84.

WisdomTree Alternative Income Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 30th. Investors of record on Monday, October 28th were issued a $0.16 dividend. The ex-dividend date was Monday, October 28th.

Institutional Trading of WisdomTree Alternative Income Fund

An institutional investor recently raised its position in WisdomTree Alternative Income Fund stock. Wedbush Securities Inc. grew its stake in shares of WisdomTree Alternative Income Fund (BATS:HYIN) by 112.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 27,094 shares of the company’s stock after acquiring an additional 14,335 shares during the period. Wedbush Securities Inc. owned about 3.01% of WisdomTree Alternative Income Fund worth $500,000 at the end of the most recent reporting period.

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.