Principal Active High Yield ETF (NYSEARCA:YLD) Short Interest Update

Principal Active High Yield ETF (NYSEARCA:YLD) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 22,051 shares, a decrease of 19.9% from the November 30th total of 27,542 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 150,147 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 150,147 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Principal Active High Yield ETF Stock Performance

NYSEARCA:YLD opened at $19.00 on Friday. The company has a fifty day simple moving average of $19.08 and a two-hundred day simple moving average of $19.20. Principal Active High Yield ETF has a 52 week low of $17.88 and a 52 week high of $19.55.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC acquired a new stake in Principal Active High Yield ETF in the 2nd quarter valued at about $25,000. Private Trust Co. NA purchased a new stake in shares of Principal Active High Yield ETF during the second quarter worth approximately $101,000. IFP Advisors Inc purchased a new stake in shares of Principal Active High Yield ETF during the third quarter worth approximately $104,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Principal Active High Yield ETF in the third quarter valued at approximately $138,000. Finally, Advisory Services Network LLC purchased a new position in Principal Active High Yield ETF in the third quarter worth approximately $173,000.

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.