WisdomTree Alternative Income Fund (BATS:HYIN) Stock Price Up 0% – Should You Buy?

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

WisdomTree Alternative Income Fund Price Performance

The stock has a market cap of $16.61 million, a price-to-earnings ratio of 9.91 and a beta of 0.84. The business has a 50-day simple moving average of $18.78 and a two-hundred day simple moving average of $18.76.

WisdomTree Alternative Income Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 30th. Shareholders of record on Monday, October 28th were issued a $0.16 dividend. The ex-dividend date of this dividend 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. raised its holdings in WisdomTree Alternative Income Fund (BATS:HYIN) by 112.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,094 shares of the company’s stock after purchasing an additional 14,335 shares during the quarter. Wedbush Securities Inc. owned 3.01% of WisdomTree Alternative Income Fund worth $500,000 as of its most recent SEC filing.

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.