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

PGIM Short Duration High Yield ETF (BATS:PSH) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 16,106 shares, a decrease of 54.1% from the August 31st total of 35,081 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 21,394 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of PGIM Short Duration High Yield ETF

Institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in PGIM Short Duration High Yield ETF during the 2nd quarter valued at about $26,000. IAG Wealth Partners LLC bought a new position in PGIM Short Duration High Yield ETF during the 1st quarter valued at approximately $113,000. EverSource Wealth Advisors LLC lifted its holdings in PGIM Short Duration High Yield ETF by 2.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 122,883 shares of the company’s stock worth $6,094,000 after buying an additional 3,471 shares during the period. Janney Montgomery Scott LLC lifted 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 worth $2,308,000 after buying an additional 8,269 shares during the period. Finally, Evolve Private Wealth LLC bought a new stake in shares of PGIM Short Duration High Yield ETF in the 2nd quarter worth approximately $1,162,000.

PGIM Short Duration High Yield ETF Price Performance

Shares of PGIM Short Duration High Yield ETF stock opened at $49.02 on Wednesday. PGIM Short Duration High Yield ETF has a 12-month low of $48.93 and a 12-month high of $51.51. The company’s fifty day simple moving average is $49.69 and its two-hundred day simple moving average is $49.88.

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.