Peritus High Yield ETF (NYSEARCA:HYLD) Stock Passes Above 50 Day Moving Average – Here’s Why

Peritus High Yield ETF (NYSEARCA:HYLD)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.49 and traded as high as $25.55. Peritus High Yield ETF shares last traded at $25.49, with a volume of 43,200 shares trading hands.

Peritus High Yield ETF Stock Down 0.0 %

The business’s 50 day simple moving average is $25.49 and its two-hundred day simple moving average is $25.49. The stock has a market cap of $94.31 million, a P/E ratio of 21.29 and a beta of 0.48.

Peritus High Yield ETF Company Profile

The High Yield ETF (HYLD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to generate high current income and capital appreciation via high-yield corporate debt securities of any maturity. HYLD was launched on Nov 30, 2010 and is managed by Eve Capital.