Short Interest in PGIM Total Return Bond ETF (NYSEARCA:PTRB) Declines By 75.0%

PGIM Total Return Bond ETF (NYSEARCA:PTRBGet Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 20,570 shares, a decline of 75.0% from the July 15th total of 82,288 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 178,417 shares, the days-to-cover ratio is currently 0.1 days.

PGIM Total Return Bond ETF Stock Performance

Shares of PGIM Total Return Bond ETF stock traded up $0.15 during midday trading on Thursday, hitting $41.07. The company’s stock had a trading volume of 111,602 shares, compared to its average volume of 149,887. PGIM Total Return Bond ETF has a 1-year low of $40.67 and a 1-year high of $42.78. The stock has a 50-day simple moving average of $41.26 and a 200-day simple moving average of $41.65.

Hedge Funds Weigh In On PGIM Total Return Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada purchased a new stake in shares of PGIM Total Return Bond ETF in the first quarter worth approximately $27,000. Everest Financial Group LLC purchased a new position in PGIM Total Return Bond ETF during the first quarter valued at approximately $226,000. MML Investors Services LLC acquired a new position in PGIM Total Return Bond ETF in the 4th quarter valued at approximately $233,000. GWN Securities Inc. acquired a new position in PGIM Total Return Bond ETF in the 4th quarter valued at approximately $250,000. Finally, Cora Capital Advisors LLC lifted its position in PGIM Total Return Bond ETF by 5.5% in the 1st quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock worth $277,000 after buying an additional 345 shares in the last quarter.

PGIM Total Return Bond ETF Company Profile

(Get Free Report)

The PGIM Total Return Bond ETF (PTRB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks total return from an actively managed, core portfolio of global investment-grade and high-yield fixed income securities with a maturity of greater than one year. PTRB was launched on Dec 8, 2021 and is managed by PGIM.

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