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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 21,200 shares, a decrease of 51.7% from the November 30th total of 43,900 shares. Based on an average daily volume of 84,500 shares, the days-to-cover ratio is currently 0.3 days.

PGIM Short Duration High Yield Opportunities Fund Stock Down 0.2 %

PGIM Short Duration High Yield Opportunities Fund stock traded down $0.04 on Friday, reaching $16.19. 21,457 shares of the stock were exchanged, compared to its average volume of 80,651. The firm has a fifty day moving average price of $16.53 and a two-hundred day moving average price of $16.09. PGIM Short Duration High Yield Opportunities Fund has a twelve month low of $14.88 and a twelve month high of $16.95.

PGIM Short Duration High Yield Opportunities Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.108 per share. The ex-dividend date is Thursday, December 12th. This represents a yield of 7.82%.

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

Institutional investors have recently modified their holdings of the business. Pathstone Holdings LLC increased its holdings in PGIM Short Duration High Yield Opportunities Fund by 21.3% during the 3rd quarter. Pathstone Holdings LLC now owns 1,569,418 shares of the company’s stock worth $26,242,000 after purchasing an additional 276,057 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in PGIM Short Duration High Yield Opportunities Fund by 44.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,182,369 shares of the company’s stock worth $18,126,000 after acquiring an additional 361,298 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of PGIM Short Duration High Yield Opportunities Fund during the 3rd quarter valued at $9,865,000. Almitas Capital LLC grew its holdings in PGIM Short Duration High Yield Opportunities Fund by 17.3% during the 2nd quarter. Almitas Capital LLC now owns 526,474 shares of the company’s stock worth $8,071,000 after acquiring an additional 77,605 shares during the last quarter. Finally, Shaker Financial Services LLC lifted its position in shares of PGIM Short Duration High Yield Opportunities Fund by 1.6% in the 2nd quarter. Shaker Financial Services LLC now owns 256,343 shares of the company’s stock worth $3,930,000 after purchasing an additional 3,984 shares during the period.