ISD Stock Summary and Trading Ideas (Pgim Short Duration High Yield | NYSE:ISD)

The Fund seeks to provide a high level of current income by investing primarily in higher-rated, below-investment-grade fixed income instruments. The Fund seeks to maintain a weighted average portfolio duration of three years or less and a weighted average maturity of five years or less.

Pgim Short Duration High Yield trades on the NYSE stock market under the symbol ISD.

As of April 15, 2024, ISD stock price declined to $12.25 with 222,964 million shares trading.

ISD has a beta of 0.69, meaning it tends to be less sensitive to market movements. ISD has a correlation of 0.45 to the broad based SPY ETF.

ISD has a market cap of $407.39 million. This is considered a Small Cap stock.

In the last 3 years, ISD stock traded as high as $16.66 and as low as $10.98.

ISD has underperformed the market in the last year with a price return of +9.7% while the SPY ETF gained +25.3%. ISD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.3% and -4.9%, respectively, while the SPY returned +6.2% and -3.6%, respectively.

ISD support price is $12.36 and resistance is $12.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ISD stock will trade within this expected range on the day.