Voya Prime Rate Trust (NYSE:PPR) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 198,800 shares, a growth of 79.6% from the September 15th total of 110,700 shares. Based on an average trading volume of 275,200 shares, the short-interest ratio is currently 0.7 days.
Several institutional investors have recently bought and sold shares of PPR. V Wealth Advisors LLC bought a new stake in Voya Prime Rate Trust during the second quarter valued at $42,000. Jane Street Group LLC bought a new stake in Voya Prime Rate Trust during the first quarter valued at $45,000. Avantax Advisory Services Inc. bought a new stake in Voya Prime Rate Trust during the third quarter valued at $65,000. PNC Financial Services Group Inc. boosted its stake in Voya Prime Rate Trust by 178.5% during the second quarter. PNC Financial Services Group Inc. now owns 16,225 shares of the investment management company’s stock valued at $67,000 after buying an additional 10,400 shares during the period. Finally, Stephens Inc. AR boosted its stake in Voya Prime Rate Trust by 30.6% during the second quarter. Stephens Inc. AR now owns 18,366 shares of the investment management company’s stock valued at $75,000 after buying an additional 4,300 shares during the period.
Voya Prime Rate Trust stock opened at $4.35 on Friday. Voya Prime Rate Trust has a one year low of $2.95 and a one year high of $5.19. The business has a fifty day moving average price of $4.44 and a 200-day moving average price of $4.19.
Voya Prime Rate Trust Company Profile
Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.
Read More: Marijuana Stocks
Receive News & Ratings for Voya Prime Rate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Prime Rate Trust and related companies with MarketBeat.com's FREE daily email newsletter.