Short Interest in Principal Active High Yield ETF (NYSEARCA:YLD) Decreases By 19.9%

Principal Active High Yield ETF (NYSEARCA:YLD) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 22,051 shares, a decline of 19.9% from the November 30th total of 27,542 shares. Based on an average daily volume of 150,147 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 150,147 shares, the short-interest ratio is currently 0.1 days.

Principal Active High Yield ETF Stock Performance

YLD traded up $0.01 during trading on Wednesday, reaching $19.01. The company had a trading volume of 87,715 shares, compared to its average volume of 162,559. Principal Active High Yield ETF has a 12 month low of $17.88 and a 12 month high of $19.55. The business’s fifty day moving average price is $19.09 and its 200 day moving average price is $19.20.

Institutional Trading of Principal Active High Yield ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Principal Financial Group Inc. increased its position in Principal Active High Yield ETF by 3.9% during the third quarter. Principal Financial Group Inc. now owns 2,870,483 shares of the company’s stock worth $55,568,000 after buying an additional 107,944 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Principal Active High Yield ETF by 59.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,615,916 shares of the company’s stock worth $31,428,000 after buying an additional 599,314 shares in the last quarter. Ameriprise Financial Inc. bought a new position in shares of Principal Active High Yield ETF in the third quarter worth $20,503,000. Cyndeo Wealth Partners LLC increased its position in shares of Principal Active High Yield ETF by 0.9% in the second quarter. Cyndeo Wealth Partners LLC now owns 937,826 shares of the company’s stock worth $18,166,000 after purchasing an additional 8,289 shares during the period. Finally, Ameritas Investment Partners Inc. raised its stake in Principal Active High Yield ETF by 6.7% in the third quarter. Ameritas Investment Partners Inc. now owns 826,104 shares of the company’s stock valued at $16,067,000 after purchasing an additional 51,880 shares in the last quarter.

About Principal Active High Yield ETF

The Principal Active High Yield ETF (YLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides current income through exposure to global equities, investment-grade and high-yield debt, MBS\u002FABS, preferred stock, MLPs, and REITs. YLD was launched on Jul 9, 2015 and is managed by Principal.