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Should You Buy Credit Suisse High Yield Bond Fund (DHY) Stock on Monday?

Monday, January 24, 2022 10:52 AM | InvestorsObserver Analysts

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Should You Buy Credit Suisse High Yield Bond Fund (DHY) Stock on Monday?

Overall market sentiment has been down on Credit Suisse High Yield Bond Fund (DHY) stock lately. DHY receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Credit Suisse High Yield Bond Fund has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DHY!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With DHY Stock Today?

Credit Suisse High Yield Bond Fund (DHY) stock is trading at $2.29 as of 10:45 AM on Monday, Jan 24, a loss of -$0.09, or -3.78% from the previous closing price of $2.38. The stock has traded between $2.23 and $2.37 so far today. Volume today is more active than usual. So far 710,629 shares have traded compared to average volume of 288,840 shares. To screen for more stocks like Credit Suisse High Yield Bond Fund click here.

More About Credit Suisse High Yield Bond Fund

Credit Suisse High Yield Bond Fund is a non-diversified, closed-end management investment company with an objective is to seek high current income and capital appreciation as a secondary objective. Click Here to get the full Stock Report for Credit Suisse High Yield Bond Fund stock.

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