PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Short Interest Update

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 6,410 shares, a growth of 102.0% from the June 15th total of 3,174 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 7,896 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On PGIM Active Aggregate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of PGIM Active Aggregate Bond ETF during the fourth quarter valued at $25,000. Cetera Investment Advisers grew its holdings in shares of PGIM Active Aggregate Bond ETF by 15.8% in the first quarter. Cetera Investment Advisers now owns 40,942 shares of the company’s stock worth $1,733,000 after purchasing an additional 5,589 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in PGIM Active Aggregate Bond ETF in the 3rd quarter worth about $246,000. Osaic Holdings Inc. increased its stake in PGIM Active Aggregate Bond ETF by 280.9% in the 4th quarter. Osaic Holdings Inc. now owns 9,073 shares of the company’s stock worth $388,000 after buying an additional 6,691 shares during the period. Finally, Jane Street Group LLC lifted its holdings in PGIM Active Aggregate Bond ETF by 63.0% during the 1st quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock valued at $1,037,000 after buying an additional 9,464 shares in the last quarter.

PGIM Active Aggregate Bond ETF Stock Performance

PGIM Active Aggregate Bond ETF stock traded up $0.10 during midday trading on Wednesday, reaching $41.91. The stock had a trading volume of 13,438 shares, compared to its average volume of 21,048. PGIM Active Aggregate Bond ETF has a 52-week low of $41.23 and a 52-week high of $43.55. The company has a fifty day moving average of $42.09 and a 200 day moving average of $42.50.

PGIM Active Aggregate Bond ETF Company Profile

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.