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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHYGet Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 15,200 shares, an increase of 27.7% from the April 30th total of 11,900 shares. Based on an average daily volume of 82,400 shares, the short-interest ratio is presently 0.2 days.

PGIM Short Duration High Yield Opportunities Fund Stock Up 0.5 %

SDHY stock traded up $0.07 during midday trading on Friday, hitting $15.05. The stock had a trading volume of 55,607 shares, compared to its average volume of 83,053. PGIM Short Duration High Yield Opportunities Fund has a 1-year low of $13.93 and a 1-year high of $15.50. The company’s fifty day moving average price is $15.16.

PGIM Short Duration High Yield Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 10th will be given a dividend of $0.108 per share. This represents a $1.30 annualized dividend and a dividend yield of 8.61%. The ex-dividend date of this dividend is Thursday, May 9th.

Institutional Investors Weigh In On PGIM Short Duration High Yield Opportunities Fund

Institutional investors have recently added to or reduced their stakes in the company. Cetera Advisors LLC bought a new stake in PGIM Short Duration High Yield Opportunities Fund in the 1st quarter worth about $198,000. Ironsides Asset Advisors LLC grew its position in PGIM Short Duration High Yield Opportunities Fund by 8.1% in the 1st quarter. Ironsides Asset Advisors LLC now owns 13,258 shares of the company’s stock worth $204,000 after purchasing an additional 991 shares in the last quarter. Nomura Holdings Inc. bought a new stake in PGIM Short Duration High Yield Opportunities Fund in the 4th quarter worth about $230,000. Steward Partners Investment Advisory LLC grew its position in PGIM Short Duration High Yield Opportunities Fund by 101.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,637 shares of the company’s stock worth $265,000 after purchasing an additional 8,900 shares in the last quarter. Finally, Accuvest Global Advisors bought a new stake in PGIM Short Duration High Yield Opportunities Fund in the 4th quarter worth about $364,000.

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