Peritus High Yield ETF (NYSEARCA:HYLD) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Peritus High Yield ETF (NYSEARCA:HYLD)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $25.49 and traded as high as $25.55. Peritus High Yield ETF shares last traded at $25.49, with a volume of 43,200 shares traded.

Peritus High Yield ETF Stock Performance

The company has a market capitalization of $94.31 million, a PE ratio of 21.29 and a beta of 0.48. The company’s 50-day moving average is $25.49 and its 200 day moving average is $25.49.

Peritus High Yield ETF Company Profile

The High Yield ETF (HYLD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to generate high current income and capital appreciation via high-yield corporate debt securities of any maturity. HYLD was launched on Nov 30, 2010 and is managed by Eve Capital.