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

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 7,205 shares, a growth of 191.8% from the November 30th total of 2,469 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 5,818 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 5,818 shares, the short-interest ratio is presently 1.2 days. Currently, 0.3% of the shares of the company are short sold.

PGIM Active Aggregate Bond ETF Stock Performance

Shares of NYSEARCA PAB remained flat at $42.99 during trading on Friday. The company’s stock had a trading volume of 12,084 shares, compared to its average volume of 11,257. The company has a 50-day moving average price of $43.00 and a two-hundred day moving average price of $42.67. PGIM Active Aggregate Bond ETF has a twelve month low of $40.73 and a twelve month high of $43.41.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Jane Street Group LLC grew its stake in shares of 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 worth $1,037,000 after purchasing an additional 9,464 shares during the period. Strategic Financial Partners Ltd. boosted its holdings in PGIM Active Aggregate Bond ETF by 211.2% during the second quarter. Strategic Financial Partners Ltd. now owns 118,077 shares of the company’s stock worth $5,018,000 after buying an additional 80,130 shares in the last quarter. Intrua Financial LLC grew its position in PGIM Active Aggregate Bond ETF by 18.8% during the third quarter. Intrua Financial LLC now owns 129,756 shares of the company’s stock valued at $5,572,000 after buying an additional 20,537 shares during the period. Coign Capital Advisors LLC acquired a new position in shares of PGIM Active Aggregate Bond ETF in the third quarter worth about $6,950,000. Finally, Citadel Advisors LLC grew its position in shares of PGIM Active Aggregate Bond ETF by 423.2% during the 3rd quarter. Citadel Advisors LLC now owns 41,435 shares of the company’s stock valued at $1,779,000 after acquiring an additional 33,516 shares during the period.

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.