Credit Suisse High Yield Bond Fund (NYSEAMERICAN:DHY) Share Price Crosses Above Two Hundred Day Moving Average of $0.00

Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $2.06. Credit Suisse High Yield Bond Fund shares last traded at $2.06, with a volume of 374,157 shares changing hands.

Credit Suisse High Yield Bond Fund Price Performance

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Integrated Capital Management Inc. increased its holdings in shares of Credit Suisse High Yield Bond Fund by 13.0% in the 2nd quarter. Integrated Capital Management Inc. now owns 94,676 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 10,903 shares during the last quarter. Cetera Advisors LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $245,000. First Western Trust Bank acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $101,000. Robinson Capital Management LLC acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $119,000. Finally, City of London Investment Management Co. Ltd. acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter valued at about $517,000.

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.