The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. PGIM Short Duration High Yield Opportunities Fund shares valued at $128,371 were purchased by Cignarella Robert on May 30 ’25. At $16.25 per share, Cignarella Robert acquired 7,900 shares. The insider’s holdings grew to 42,900 shares worth approximately $0.7 million following the completion of this transaction.
Also, Cignarella Robert purchased 17,000 shares, netting a total of over 275,400 in proceeds. Following the buying of shares at $16.20 each, the insider now holds 35,000 shares.
Before that, Cignarella Robert had added 501 shares to its account. In a trade valued at $8,297, the Portfolio Manager bought PGIM Short Duration High Yield Opportunities Fund shares for $16.56 each. Upon closing the transaction, the insider’s holdings increased to 501 shares, worth approximately $0.3 million.
Analyzing SDHY Stock Performance
On last trading session,, PGIM Short Duration High Yield Opportunities Fund [NYSE: SDHY] rose 0.24% to $16.43. The stock’s lowest price that day was $16.36, but it reached a high of $16.53 in the same session. During the last five days, there has been a surge of approximately 0.31%. Over the course of the year, PGIM Short Duration High Yield Opportunities Fund shares have jumped approximately 1.92%. Shares of the company reached a 52-week high of $16.97 on 02/27/25 and a 52-week low of $15.01 on 04/10/25.
Support And Resistance Levels for PGIM Short Duration High Yield Opportunities Fund (SDHY)
According to the 24-hour chart, there is a support level at 16.35, which, if violated, would cause prices to drop to 16.27. In the upper region, resistance lies at 16.52. The next price resistance is at 16.61. RSI (Relative Strength Index) is 60.90 on the 14-day chart, showing neutral technical sentiment.
Is PGIM Short Duration High Yield Opportunities Fund subject to short interest?
Stocks of PGIM Short Duration High Yield Opportunities Fund saw a sharp rise in short interest on 2025-05-30 jumping by 4258.0 shares to 15071.0. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 10813.0 shares. A jump of 28.25% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.3 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.3.
