PGIM Short Duration High Yield ETF (BATS:PSH – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 25,696 shares, an increase of 241.2% from the June 15th total of 7,532 shares. Approximately 2.6% of the shares of the stock are short sold. Based on an average trading volume of 20,161 shares, the days-to-cover ratio is presently 1.3 days.
PGIM Short Duration High Yield ETF Price Performance
Shares of PGIM Short Duration High Yield ETF stock opened at $49.92 on Monday. PGIM Short Duration High Yield ETF has a 12-month low of $49.44 and a 12-month high of $51.51. The stock’s fifty day moving average is $49.98 and its 200-day moving average is $50.17.
Institutional Trading of PGIM Short Duration High Yield ETF
Hedge funds have recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in shares of PGIM Short Duration High Yield ETF in the fourth quarter worth about $57,000. IAG Wealth Partners LLC purchased a new stake in shares of PGIM Short Duration High Yield ETF in the 1st quarter valued at approximately $113,000. Farther Finance Advisors LLC purchased a new stake in shares of PGIM Short Duration High Yield ETF in the 4th quarter valued at approximately $137,000. EverSource Wealth Advisors LLC lifted its position in shares of PGIM Short Duration High Yield ETF by 2.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 119,412 shares of the company’s stock valued at $6,014,000 after acquiring an additional 2,731 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in PGIM Short Duration High Yield ETF by 296.1% in the 4th quarter. Parallel Advisors LLC now owns 4,012 shares of the company’s stock worth $202,000 after purchasing an additional 2,999 shares during the period.
About PGIM Short Duration High Yield ETF
The PGIM Short Duration HIgh Yield ETF (PSH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of global fixed income securities that are rated below investment grade. The fund aims to maintain an average portfolio duration of three years or less PSH was launched on Dec 14, 2023 and is issued by PGIM.
See Also
- Five stocks we like better than PGIM Short Duration High Yield ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for PGIM Short Duration High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Short Duration High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.
