Short Interest in Principal Active High Yield ETF (NYSEARCA:YLD) Grows By 24.7%

Principal Active High Yield ETF (NYSEARCA:YLD) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 18,839 shares, a growth of 24.7% from the December 31st total of 15,111 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 245,398 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 245,398 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Principal Active High Yield ETF Stock Down 0.1%

Shares of YLD stock traded down $0.03 during trading hours on Tuesday, reaching $19.07. 104,267 shares of the stock traded hands, compared to its average volume of 184,078. Principal Active High Yield ETF has a 1-year low of $17.88 and a 1-year high of $19.48. The business has a fifty day moving average price of $19.09 and a 200 day moving average price of $19.19.

Principal Active High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a $0.1159 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Institutional Investors Weigh In On Principal Active High Yield ETF

Several large investors have recently made changes to their positions in YLD. Royal Bank of Canada raised its holdings in shares of Principal Active High Yield ETF by 102.9% during the 1st quarter. Royal Bank of Canada now owns 240,680 shares of the company’s stock valued at $4,585,000 after purchasing an additional 122,046 shares in the last quarter. Jane Street Group LLC raised its holdings in Principal Active High Yield ETF by 373.7% during the first quarter. Jane Street Group LLC now owns 120,189 shares of the company’s stock valued at $2,290,000 after buying an additional 94,819 shares in the last quarter. PFG Investments LLC lifted its position in shares of Principal Active High Yield ETF by 8.2% in the second quarter. PFG Investments LLC now owns 24,844 shares of the company’s stock worth $481,000 after buying an additional 1,877 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of Principal Active High Yield ETF by 5.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 62,751 shares of the company’s stock worth $1,215,000 after acquiring an additional 3,164 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in shares of Principal Active High Yield ETF by 36.4% during the 2nd quarter. DAVENPORT & Co LLC now owns 20,708 shares of the company’s stock valued at $401,000 after acquiring an additional 5,527 shares during the last quarter.

Principal Active High Yield ETF Company Profile

The Principal Active High Yield ETF (YLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides current income through exposure to global equities, investment-grade and high-yield debt, MBS\u002FABS, preferred stock, MLPs, and REITs. YLD was launched on Jul 9, 2015 and is managed by Principal.