PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) Stock Short Interest Report for September

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 53,134 shares, a growth of 81.6% from the September 15th total of 29,264 shares. Based on an average trading volume of 67,125 shares, the days-to-cover ratio is currently 0.8 days.

PGIM Short Duration High Yield Opportunities Fund Price Performance

PGIM Short Duration High Yield Opportunities Fund stock opened at $15.09 on Thursday. PGIM Short Duration High Yield Opportunities Fund has a fifty-two week low of $14.67 and a fifty-two week high of $16.94. The firm has a fifty day moving average price of $15.71 and a two-hundred day moving average price of $15.93.

PGIM Short Duration High Yield Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Thursday, November 12th will be paid a dividend of $0.1080 per share. The ex-dividend date is Thursday, November 12th. This represents a $1.30 annualized dividend and a yield of 8.6%.

Institutional Trading of PGIM Short Duration High Yield Opportunities Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sit Investment Associates Inc. grew its holdings in PGIM Short Duration High Yield Opportunities Fund by 14.6% in the 4th quarter. Sit Investment Associates Inc. now owns 810,269 shares of the company’s stock valued at $13,329,000 after buying an additional 103,482 shares during the last quarter. Riverbridge Partners LLC lifted its holdings in shares of PGIM Short Duration High Yield Opportunities Fund by 7.2% during the first quarter. Riverbridge Partners LLC now owns 162,514 shares of the company’s stock worth $2,603,000 after buying an additional 10,922 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of PGIM Short Duration High Yield Opportunities Fund by 5.5% during the first quarter. Royal Bank of Canada now owns 124,966 shares of the company’s stock worth $2,002,000 after buying an additional 6,514 shares during the last quarter. Apollon Financial LLC lifted its holdings in shares of PGIM Short Duration High Yield Opportunities Fund by 8.3% during the first quarter. Apollon Financial LLC now owns 110,568 shares of the company’s stock worth $1,771,000 after buying an additional 8,457 shares during the last quarter. Finally, Aviance Capital Partners LLC boosted its position in shares of PGIM Short Duration High Yield Opportunities Fund by 3.6% in the first quarter. Aviance Capital Partners LLC now owns 74,267 shares of the company’s stock valued at $1,190,000 after acquiring an additional 2,577 shares during the period.

PGIM Short Duration High Yield Opportunities Fund is a closed-end investment fund managed by PGIM Investments and traded on the New York Stock Exchange under the symbol SDHY. The fund seeks to provide a high level of current income while also pursuing total return through investments in fixed-income securities.

The fund focuses primarily on short-duration, below-investment-grade debt securities, commonly known as high-yield or “junk” bonds. Its portfolio may include corporate bonds and other debt instruments issued by companies in the United States and other countries.