PGIM Short Duration High Yield ETF (BATS:PSH – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,080 shares, a drop of 83.3% from the September 30th total of 12,446 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 65,663 shares, the short-interest ratio is presently 0.0 days.
PGIM Short Duration High Yield ETF Price Performance
BATS PSH opened at $48.93 on Tuesday. PGIM Short Duration High Yield ETF has a 52 week low of $48.62 and a 52 week high of $51.51. The stock has a fifty day moving average of $49.36 and a 200-day moving average of $49.91.
Hedge Funds Weigh In On PGIM Short Duration High Yield ETF
Several hedge funds have recently added to or reduced their stakes in the company. Almitas Capital LLC acquired a new position in PGIM Short Duration High Yield ETF during the 2nd quarter valued at about $5,977,000. Evolve Private Wealth LLC acquired a new stake in shares of PGIM Short Duration High Yield ETF during the 2nd quarter worth approximately $1,162,000. Global Retirement Partners LLC acquired a new stake in shares of PGIM Short Duration High Yield ETF during the 2nd quarter worth approximately $26,000. EverSource Wealth Advisors LLC grew its holdings in PGIM Short Duration High Yield ETF by 2.9% during the first quarter. EverSource Wealth Advisors LLC now owns 122,883 shares of the company’s stock worth $6,094,000 after purchasing an additional 3,471 shares during the period. Finally, IAG Wealth Partners LLC bought a new stake in PGIM Short Duration High Yield ETF in the first quarter valued at approximately $113,000.
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
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
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.
