WisdomTree Alternative Income Fund (BATS:HYIN) Shares Down 0.4% – Should You Sell?

WisdomTree Alternative Income Fund (BATS:HYIN)’s stock price traded down 0.4% during mid-day trading on Wednesday . The stock traded as low as $18.48 and last traded at $18.64. 5,107 shares traded hands during mid-day trading, The stock had previously closed at $18.72.

WisdomTree Alternative Income Fund Stock Down 0.4 %

The company has a market cap of $16.77 million, a P/E ratio of 9.91 and a beta of 0.84. The firm has a 50 day moving average of $18.93 and a 200-day moving average of $18.71.

Institutional Trading of WisdomTree Alternative Income Fund

An institutional investor recently raised its position in WisdomTree Alternative Income Fund stock. Wedbush Securities Inc. boosted its stake in shares of WisdomTree Alternative Income Fund (BATS:HYIN) by 112.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 27,094 shares of the company’s stock after purchasing an additional 14,335 shares during the period. Wedbush Securities Inc. owned approximately 3.01% of WisdomTree Alternative Income Fund worth $500,000 at the end of the most recent quarter.

WisdomTree Alternative Income Fund Company Profile

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.