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

PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 34,500 shares, a decline of 16.1% from the March 15th total of 41,100 shares. Based on an average daily volume of 74,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of PGIM Short Duration High Yield Opportunities Fund

Several hedge funds have recently added to or reduced their stakes in SDHY. Consolidated Portfolio Review Corp lifted its holdings in shares of PGIM Short Duration High Yield Opportunities Fund by 0.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 137,058 shares of the company’s stock valued at $2,209,000 after purchasing an additional 749 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in PGIM Short Duration High Yield Opportunities Fund by 2.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 53,618 shares of the company’s stock valued at $864,000 after buying an additional 1,277 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of PGIM Short Duration High Yield Opportunities Fund by 6.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 25,885 shares of the company’s stock worth $417,000 after acquiring an additional 1,465 shares in the last quarter. Aviance Capital Partners LLC raised its holdings in shares of PGIM Short Duration High Yield Opportunities Fund by 2.6% during the fourth quarter. Aviance Capital Partners LLC now owns 59,297 shares of the company’s stock worth $956,000 after acquiring an additional 1,482 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in PGIM Short Duration High Yield Opportunities Fund by 8.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 18,242 shares of the company’s stock valued at $301,000 after acquiring an additional 1,482 shares in the last quarter.

PGIM Short Duration High Yield Opportunities Fund Trading Down 0.3 %

NYSE:SDHY traded down $0.05 during mid-day trading on Monday, hitting $15.60. The company had a trading volume of 12,437 shares, compared to its average volume of 78,689. The business’s fifty day moving average is $16.29 and its two-hundred day moving average is $16.42. PGIM Short Duration High Yield Opportunities Fund has a fifty-two week low of $14.91 and a fifty-two week high of $16.97.

PGIM Short Duration High Yield Opportunities Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.108 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a dividend yield of 7.96%.