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

Principal Active High Yield ETF (NYSEARCA:YLD) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 168,796 shares, a growth of 122.9% from the May 14th total of 75,724 shares. Based on an average trading volume of 177,289 shares, the short-interest ratio is presently 1.0 days. Approximately 0.6% of the shares of the stock are short sold.

Principal Active High Yield ETF Stock Up 0.5%

NYSEARCA YLD opened at $19.02 on Friday. Principal Active High Yield ETF has a 52-week low of $18.67 and a 52-week high of $19.48. The company has a fifty day moving average of $19.00 and a 200-day moving average of $19.03.

Institutional Trading of Principal Active High Yield ETF

A number of hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new stake in shares of Principal Active High Yield ETF during the 1st quarter worth $530,000. Royal Bank of Canada lifted its stake in Principal Active High Yield ETF by 0.4% in the first quarter. Royal Bank of Canada now owns 428,934 shares of the company’s stock worth $8,133,000 after purchasing an additional 1,734 shares during the last quarter. Cetera Investment Advisers bought a new stake in Principal Active High Yield ETF in the first quarter worth $191,000. Basepoint Wealth LLC bought a new stake in Principal Active High Yield ETF in the first quarter worth $28,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its stake in Principal Active High Yield ETF by 17.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 8,370 shares of the company’s stock worth $159,000 after purchasing an additional 1,267 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.