PGIM Short Duration High Yield ETF (BATS:PSH) Short Interest Update

PGIM Short Duration High Yield ETF (BATS:PSH) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 16,857 shares, a growth of 230.2% from the April 15th total of 5,105 shares. Based on an average trading volume of 41,125 shares, the short-interest ratio is presently 0.4 days. Currently, 1.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in PGIM Short Duration High Yield ETF by 2.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 119,412 shares of the company’s stock worth $6,014,000 after purchasing an additional 2,731 shares during the period. Janney Montgomery Scott LLC increased its holdings in PGIM Short Duration High Yield ETF by 21.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 46,536 shares of the company’s stock valued at $2,308,000 after buying an additional 8,269 shares during the period. Parallel Advisors LLC raised its stake in shares of 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 valued at $202,000 after buying an additional 2,999 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of PGIM Short Duration High Yield ETF in the 4th quarter valued at $137,000. Finally, IAG Wealth Partners LLC bought a new position in shares of PGIM Short Duration High Yield ETF during the 1st quarter worth about $113,000.

PGIM Short Duration High Yield ETF Stock Up 0.1%

PGIM Short Duration High Yield ETF stock opened at $50.04 on Thursday. The business has a 50 day moving average price of $50.01 and a two-hundred day moving average price of $50.31. PGIM Short Duration High Yield ETF has a 12 month low of $49.44 and a 12 month high of $51.51.

PGIM Short Duration High Yield ETF Company Profile

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.