WisdomTree Alternative Income Fund (BATS:HYIN) Stock Price Up 3.5% – Should You Buy?

Posted by Carolyn Dwyer on Feb 23rd, 2025

WisdomTree Alternative Income Fund (BATS:HYIN – Get Free Report) rose 3.5% during mid-day trading on Friday . The stock traded as high as $18.20 and last traded at $18.55. Approximately 52,636 shares were traded during trading, The stock had previously closed at $17.93.

WisdomTree Alternative Income Fund Stock Performance

The company’s 50-day moving average is $18.22 and its 200-day moving average is $18.57. The firm has a market cap of $16.70 million, a price-to-earnings ratio of 9.91 and a beta of 0.84.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WisdomTree Alternative Income Fund stock. Wedbush Securities Inc. grew its stake in WisdomTree Alternative Income Fund (BATS:HYIN – Free Report) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,694 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Wedbush Securities Inc. owned about 3.30% of WisdomTree Alternative Income Fund worth $533,000 at the end of the most recent reporting period.

About WisdomTree Alternative Income Fund

(Get Free Report)

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.