PGIM Global High Yield Fund, Inc (NYSE:GHY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 45,200 shares, an increase of 39.9% from the August 15th total of 32,300 shares. Based on an average daily volume of 152,300 shares, the days-to-cover ratio is presently 0.3 days.
Shares of NYSE GHY traded down $0.20 during trading hours on Monday, hitting $15.60. 141,946 shares of the company traded hands, compared to its average volume of 132,121. The company’s 50 day moving average price is $15.73 and its 200 day moving average price is $15.44. PGIM Global High Yield Fund has a 12 month low of $12.69 and a 12 month high of $16.10.
The business also recently announced a monthly dividend, which will be paid on Tuesday, November 30th. Stockholders of record on Friday, November 12th will be given a dividend of $0.105 per share. This represents a $1.26 annualized dividend and a dividend yield of 8.08%. The ex-dividend date is Wednesday, November 10th.
About PGIM Global High Yield Fund
PGIM Global High Yield Fund, Inc is a mutual fund-closed end investment company. Its portfolio invests in industries such as technology, telecom, cable, capital goods, media, healthcare, food, gaming, metals, and automotive. The company was founded on July 23, 2012 and is headquartered in Newark, NJ.
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