PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Shares Shorted: Short Interest Down 51.5% in September

Posted by George Bondi on Oct 16th, 2026

PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 38,542 shares, a drop of 51.5% from the September 15th total of 79,406 shares. Based on an average daily volume of 190,050 shares, the short-interest ratio is currently 0.2 days.

PGIM High Yield Bond Fund Stock Down 0.5%

Shares of ISD traded down $0.06 during midday trading on Friday, reaching $11.49. 63,523 shares of the stock were exchanged, compared to its average volume of 117,246. PGIM High Yield Bond Fund has a 12-month low of $11.40 and a 12-month high of $14.79. The firm has a 50 day simple moving average of $12.05 and a 200-day simple moving average of $12.64.

PGIM High Yield Bond Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Thursday, November 12th will be issued a dividend of $0.1050 per share. The ex-dividend date is Thursday, November 12th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 11.0%.

Institutional Investors Weigh In On PGIM High Yield Bond Fund

A number of large investors have recently added to or reduced their stakes in the stock. SteelPeak Wealth LLC grew its stake in shares of PGIM High Yield Bond Fund by 7.5% in the first quarter. SteelPeak Wealth LLC now owns 794,786 shares of the company’s stock worth $10,459,000 after acquiring an additional 55,132 shares during the last quarter. Readystate Asset Management LP grew its position in PGIM High Yield Bond Fund by 350.6% during the second quarter. Readystate Asset Management LP now owns 77,863 shares of the company’s stock worth $1,017,000 after buying an additional 60,583 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of PGIM High Yield Bond Fund during the second quarter valued at approximately $7,325,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of PGIM High Yield Bond Fund in the 2nd quarter valued at $2,734,000. Finally, Landscape Capital Management L.L.C. acquired a new position in PGIM High Yield Bond Fund in the second quarter worth about $1,522,000.

About PGIM High Yield Bond Fund

(Get Free Report)

PGIM High Yield Bond Fund, Inc (NYSE: ISD) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund is managed by PGIM Investments, part of Prudential Financial’s global investment management business.

The fund invests primarily in high-yield corporate bonds, commonly known as below-investment-grade or “junk” bonds. Its portfolio may include debt securities issued by companies across a range of industries and may also include securities issued by non-U.S.