PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) Stock Short Interest Report for October

PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 388,782 shares, a growth of 119.5% from the September 30th total of 177,120 shares. Based on an average daily volume of 298,624 shares, the short-interest ratio is currently 1.3 days. Currently, 0.9% of the shares of the company are short sold.

Institutional Trading of PGIM Active High Yield Bond ETF

Hedge funds have recently made changes to their positions in the business. Latitude Advisors LLC bought a new position in shares of PGIM Active High Yield Bond ETF during the 3rd quarter worth approximately $98,000. Anchor Investment Management LLC increased its holdings in shares of PGIM Active High Yield Bond ETF by 20.3% during the 1st quarter. Anchor Investment Management LLC now owns 3,689 shares of the company’s stock worth $128,000 after acquiring an additional 622 shares during the last quarter. Fifth Third Bancorp bought a new stake in PGIM Active High Yield Bond ETF in the 1st quarter valued at $139,000. Town Capital LLC bought a new stake in PGIM Active High Yield Bond ETF in the 1st quarter valued at $209,000. Finally, First National Bank & Trust Co. of Newtown bought a new stake in PGIM Active High Yield Bond ETF in the 1st quarter valued at $216,000.

PGIM Active High Yield Bond ETF Stock Performance

PGIM Active High Yield Bond ETF stock traded down $0.26 during midday trading on Friday, reaching $33.55. 311,873 shares of the company’s stock were exchanged, compared to its average volume of 203,246. PGIM Active High Yield Bond ETF has a 52 week low of $33.27 and a 52 week high of $35.76. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 2.48 and a beta of 0.41. The stock’s 50-day simple moving average is $34.01 and its 200 day simple moving average is $34.84.

About PGIM Active High Yield Bond ETF

The PGIM Active High Yield Bond ETF (PHYL) is an exchange-traded fund that is based on the Bloomberg US High Yield Very Liquid index. The fund is an actively managed portfolio of high yield bonds. The fund seeks total return. PHYL was launched on Sep 24, 2018 and is managed by PGIM.