PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Stock Short Interest Falls 98.2%

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 98 shares, a decline of 98.2% from the September 15th total of 5,589 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 19,063 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of PGIM Active Aggregate Bond ETF

A hedge fund recently raised its position in PGIM Active Aggregate Bond ETF stock. Intrua Financial LLC boosted its stake in shares of PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 13.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 172,282 shares of the company’s stock after purchasing an additional 20,642 shares during the period. PGIM Active Aggregate Bond ETF comprises approximately 0.8% of Intrua Financial LLC’s holdings, making the stock its 22nd largest position. Intrua Financial LLC owned approximately 6.97% of PGIM Active Aggregate Bond ETF worth $7,293,000 as of its most recent SEC filing.

PGIM Active Aggregate Bond ETF Trading Down 0.0%

NYSEARCA PAB traded down $0.01 during trading on Friday, reaching $40.35. 7,051 shares of the company’s stock were exchanged, compared to its average volume of 20,613. PGIM Active Aggregate Bond ETF has a fifty-two week low of $40.05 and a fifty-two week high of $43.55. The company’s fifty day simple moving average is $41.14 and its 200-day simple moving average is $41.80.

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.