The directing effects of substituents on the benzene ring during electrophilic aromatic substitution reactions is what causes the yields.
The nitrile group (-CN) of phenylacetonitrile is an electron-withdrawing group. In electrophilic aromatic substitution reactions, electron-withdrawing groups are typically regarded as meta-directing. The nitrile group isn't joined to the benzene ring directly in this instance, though. Being a substituent, the phenyl ring itself has the ability to donate and withdraw electrons.
The combined electron-withdrawing and electron-donating actions of the phenyl ring and the nitrile group in the nitration of phenylacetonitrile affect the overall directing effect. A moderate ortho-para directing influence is the end result. This results in the formation of para, ortho, and meta isomers; however, the para isomer is preferred, which explains why the para product has a higher percent yield (56%) than the other two.