PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) Short Interest Update

by · The Markets Daily

PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Get Free Report) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 63,704 shares, a decrease of 41.0% from the December 31st total of 108,000 shares. Based on an average daily trading volume, of 772,122 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 772,122 shares, the days-to-cover ratio is currently 0.1 days.

PGIM Active High Yield Bond ETF Trading Down 0.1%

PHYL stock traded down $0.04 during trading on Friday, hitting $35.66. The company had a trading volume of 39,312 shares, compared to its average volume of 453,952. PGIM Active High Yield Bond ETF has a one year low of $32.98 and a one year high of $35.83. The business has a 50-day moving average of $35.55 and a 200-day moving average of $35.52. The stock has a market cap of $919.90 million, a PE ratio of 2.48 and a beta of 0.40.

Hedge Funds Weigh In On PGIM Active High Yield Bond ETF

Hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC bought a new stake in shares of PGIM Active High Yield Bond ETF in the 2nd quarter valued at about $26,000. Montag A & Associates Inc. purchased a new stake in PGIM Active High Yield Bond ETF during the 3rd quarter valued at $42,000. AE Wealth Management LLC raised its holdings in shares of PGIM Active High Yield Bond ETF by 1,357.5% during the third quarter. AE Wealth Management LLC now owns 1,268 shares of the company’s stock valued at $45,000 after purchasing an additional 1,181 shares during the last quarter. Stance Capital LLC bought a new position in PGIM Active High Yield Bond ETF in the third quarter valued at about $70,000. Finally, Anchor Investment Management LLC raised its position in PGIM Active High Yield Bond ETF by 20.7% in the third quarter. Anchor Investment Management LLC now owns 3,045 shares of the company’s stock worth $109,000 after acquiring an additional 523 shares during the period.

PGIM Active High Yield Bond ETF Company Profile

(Get Free Report)

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.

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