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

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,758 shares, a decline of 57.0% from the June 30th total of 6,410 shares. Based on an average trading volume of 8,482 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

PGIM Active Aggregate Bond ETF Stock Down 0.4%

Shares of PAB stock traded down $0.15 during trading hours on Wednesday, reaching $41.67. The stock had a trading volume of 1,742 shares, compared to its average volume of 20,137. PGIM Active Aggregate Bond ETF has a twelve month low of $41.23 and a twelve month high of $43.55. The firm has a 50-day simple moving average of $42.02 and a 200-day simple moving average of $42.42.

Institutional Investors Weigh In On PGIM Active Aggregate Bond ETF

Large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in shares of PGIM Active Aggregate Bond ETF during the fourth quarter valued at approximately $25,000. Flow Traders U.S. LLC acquired a new stake in PGIM Active Aggregate Bond ETF in the 3rd quarter valued at approximately $246,000. Osaic Holdings Inc. increased its position 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 valued at $388,000 after acquiring an additional 6,691 shares during the period. Evergreen Wealth Partners LLC bought a new stake in PGIM Active Aggregate Bond ETF during the 4th quarter valued at $504,000. Finally, Jane Street Group LLC raised its stake 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 acquiring an additional 9,464 shares in the last quarter.

About PGIM Active Aggregate Bond ETF

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.