WisdomTree Alternative Income Fund (BATS:HYIN) Stock Price Up 1.5% – Should You Buy?

WisdomTree Alternative Income Fund (BATS:HYINGet Free Report) shares rose 1.5% during mid-day trading on Thursday . The company traded as high as $18.20 and last traded at $18.19. Approximately 52,636 shares changed hands during mid-day trading, The stock had previously closed at $17.93.

WisdomTree Alternative Income Fund Stock Up 1.5 %

The business’s fifty day moving average is $18.25 and its 200-day moving average is $18.64. The company has a market cap of $16.37 million, a PE ratio of 9.91 and a beta of 0.84.

WisdomTree Alternative Income Fund Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 25th were issued a $0.215 dividend. The ex-dividend date of this dividend was Monday, November 25th. This is a positive change from WisdomTree Alternative Income Fund’s previous dividend of $0.16.

About WisdomTree Alternative Income Fund

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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.

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