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

PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) saw a large growth in short interest in 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. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 298,624 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC increased its holdings in PGIM Active High Yield Bond ETF by 3.2% during the first quarter. Kestra Private Wealth Services LLC now owns 9,533 shares of the company’s stock worth $330,000 after buying an additional 296 shares during the last quarter. Milestone Asset Management LLC raised its position in PGIM Active High Yield Bond ETF by 2.8% during the third quarter. Milestone Asset Management LLC now owns 11,136 shares of the company’s stock worth $372,000 after acquiring an additional 305 shares in the last quarter. Global Assets Advisory LLC lifted its stake in PGIM Active High Yield Bond ETF by 0.9% in the third quarter. Global Assets Advisory LLC now owns 34,093 shares of the company’s stock valued at $1,140,000 after acquiring an additional 308 shares during the last quarter. KWB Wealth lifted its stake in PGIM Active High Yield Bond ETF by 2.5% in the third quarter. KWB Wealth now owns 21,855 shares of the company’s stock valued at $731,000 after acquiring an additional 534 shares during the last quarter. Finally, Symphony Financial Services Inc. lifted its stake in PGIM Active High Yield Bond ETF by 8.5% in the first quarter. Symphony Financial Services Inc. now owns 7,735 shares of the company’s stock valued at $268,000 after acquiring an additional 603 shares during the last quarter.

PGIM Active High Yield Bond ETF Stock Down 0.8%

Shares of NYSEARCA:PHYL traded down $0.26 during midday trading on Friday, reaching $33.55. The company had a trading volume of 311,873 shares, compared to its average volume of 203,246. The business’s 50 day moving average price is $34.01 and its 200 day moving average price is $34.84. The stock has a market cap of $1.51 billion, a PE ratio of 2.48 and a beta of 0.41. PGIM Active High Yield Bond ETF has a 1-year low of $33.27 and a 1-year high of $35.76.

PGIM Active High Yield Bond ETF Company Profile

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.