Jefferies Group LLC boosted its holdings in Prudential Global Short (NYSE:GHY) by 56.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,645 shares of the company’s stock after purchasing an additional 16,067 shares during the quarter. Jefferies Group LLC owned 0.11% of Prudential Global Short worth $643,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. SeaCrest Wealth Management LLC acquired a new stake in Prudential Global Short in the 4th quarter worth about $176,000. Belpointe Asset Management LLC acquired a new stake in Prudential Global Short in the 3rd quarter worth about $179,000. SMH Capital Advisors Inc. acquired a new stake in Prudential Global Short in the 4th quarter worth about $216,000. Bank of New York Mellon Corp acquired a new stake in Prudential Global Short in the 4th quarter worth about $218,000. Finally, Susquehanna International Group LLP acquired a new stake in Prudential Global Short in the 3rd quarter worth about $253,000.
Prudential Global Short stock traded down $0.05 during midday trading on Thursday, hitting $13.85. The company’s stock had a trading volume of 143,979 shares, compared to its average volume of 212,603. Prudential Global Short has a 1-year low of $13.79 and a 1-year high of $15.31.
The company also recently announced a monthly dividend, which will be paid on Thursday, May 31st. Shareholders of record on Friday, May 11th will be issued a $0.0825 dividend. This represents a $0.99 annualized dividend and a yield of 7.15%. The ex-dividend date of this dividend is Thursday, May 10th.
In other news, Director Linda W. Bynoe bought 23,000 shares of the firm’s stock in a transaction on Tuesday, March 20th. The shares were purchased at an average cost of $13.97 per share, with a total value of $321,310.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
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Prudential Global Short Company Profile
Prudential Global Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income by investing primarily in higher-rated, below-investment-grade fixed income instruments of issuers located across the world, including emerging markets.
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