PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) Short Interest Update

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHYGet Free Report) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 11,200 shares, a drop of 26.3% from the May 15th total of 15,200 shares. Based on an average trading volume of 70,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of PGIM Short Duration High Yield Opportunities Fund

A number of large investors have recently made changes to their positions in SDHY. Cetera Advisors LLC purchased a new position in PGIM Short Duration High Yield Opportunities Fund during the first quarter worth about $198,000. Ironsides Asset Advisors LLC lifted its position in PGIM Short Duration High Yield Opportunities Fund by 8.1% during the first quarter. Ironsides Asset Advisors LLC now owns 13,258 shares of the company’s stock worth $204,000 after buying an additional 991 shares during the period. Nomura Holdings Inc. purchased a new position in PGIM Short Duration High Yield Opportunities Fund during the fourth quarter worth about $230,000. Steward Partners Investment Advisory LLC lifted its position in PGIM Short Duration High Yield Opportunities Fund by 101.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,637 shares of the company’s stock worth $265,000 after buying an additional 8,900 shares during the period. Finally, Accuvest Global Advisors purchased a new position in PGIM Short Duration High Yield Opportunities Fund during the fourth quarter worth about $364,000.

PGIM Short Duration High Yield Opportunities Fund Stock Down 0.6 %

Shares of SDHY traded down $0.10 during trading hours on Friday, reaching $15.18. 35,981 shares of the company traded hands, compared to its average volume of 80,689. PGIM Short Duration High Yield Opportunities Fund has a fifty-two week low of $13.93 and a fifty-two week high of $15.50. The stock has a fifty day simple moving average of $15.14 and a 200 day simple moving average of $15.15.

PGIM Short Duration High Yield Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Thursday, July 11th will be paid a dividend of $0.108 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.54%. The ex-dividend date of this dividend is Thursday, July 11th.

Further Reading

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