Dreyfus High Yield Strategies Fund shares had a trading volume of 564K in the last trading session. Volume was up 168.73% over the stocks average daily volume.
Traders are a little more bearish on Dreyfus High Yield Strategies Fund as evidenced by the increase in short interest. The firm had a rise in short interest of 541.53% as of the latest report on October 31, 2017. Short interest grew from 13,112 to 84,117 over that timeframe. Days to cover increased from 0.0 to 1.0 and the percentage of shorted shares is 0.00% as of October 31.
Additionally, here are a few investment firms who have increased or decreased their stake in (DHF). As of quarter end Morgan Stanley had disposed of 18,881 shares trimming its stake by 98.8%. The value of the investment in (DHF) decreased from $67,000 to $1,000 a change of 98.5% quarter to quarter. Bb&t Securities, LLC augmented its stake by buying 21 shares an increase of 0.2% as of 09/30/2017. Bb&t Securities, LLC currently owns 13,710 shares valued at $48,000. The total value of its holdings increased 2.1%.
As of the end of the quarter Janney Montgomery Scott LLC had bought a total of 280 shares growing its holdings by 1.5%. The value of the investment in DHF went from $66,000 to $68,000 a change of $2,000 for the reporting period. As of the end of the quarter Jpmorgan Chase & Co had bought 41,350 shares growing its position 2.2%. The value of the total investment in Dreyfus High Yield Strategies Fund went from $6,674,000 to $6,838,000 increasing 2.5% quarter over quarter.
In the market the company is trading up by 1.23% percent from yesterday’s close. Dreyfus High Yield Strategies Fund currently has a P/E ratio of N/A and market cap is 239.94M.
Dreyfus High Yield Strategies Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund?s primary investment objective is to provide high current income by investing at least 65% of its total assets in income securities rated below investment grade. The fund also provides capital growth as a secondary objective..