PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 177,100 shares, an increase of 218.0% from the July 15th total of 55,700 shares. Based on an average daily trading volume, of 126,400 shares, the days-to-cover ratio is currently 1.4 days.
PGIM High Yield Bond Fund Stock Up 0.3 %
Shares of PGIM High Yield Bond Fund stock opened at $13.51 on Thursday. PGIM High Yield Bond Fund has a 52 week low of $10.98 and a 52 week high of $13.57. The stock’s fifty day moving average is $13.09 and its two-hundred day moving average is $12.85.
PGIM High Yield Bond Fund Announces Dividend
The business also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a $0.105 dividend. This represents a dividend yield of 9.91%. The ex-dividend date of this dividend was Thursday, June 13th.
Institutional Inflows and Outflows
PGIM High Yield Bond Fund Company Profile
PGIM High Yield Bond Fund, Inc is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody's Investors Service, Inc or BB+ or lower by Standard & Poor's Ratings Services).
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