PGIM Active Aggregate Bond ETF (NYSEARCA:PAB – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 11,846 shares, an increase of 329.5% from the July 15th total of 2,758 shares. Based on an average trading volume of 8,350 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.7% of the company’s stock are sold short.
Institutional Trading of PGIM Active Aggregate Bond ETF
A number of hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in PGIM Active Aggregate Bond ETF in the fourth quarter valued at $25,000. Flow Traders U.S. LLC acquired a new position in PGIM Active Aggregate Bond ETF during the 3rd quarter worth $246,000. Osaic Holdings Inc. increased its position in shares of 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 purchasing an additional 6,691 shares during the last quarter. Evergreen Wealth Partners LLC bought a new stake in shares of PGIM Active Aggregate Bond ETF in the 4th quarter worth about $504,000. Finally, Jane Street Group LLC raised its stake in shares of PGIM Active Aggregate Bond ETF by 63.0% in the 1st quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock valued at $1,037,000 after purchasing an additional 9,464 shares in the last quarter.
PGIM Active Aggregate Bond ETF Trading Down 0.2%
PAB traded down $0.07 on Friday, reaching $41.64. The company’s stock had a trading volume of 2,705 shares, compared to its average volume of 19,204. PGIM Active Aggregate Bond ETF has a 1 year low of $41.23 and a 1 year high of $43.55. The business’s 50 day moving average is $41.91 and its 200 day moving average is $42.33.
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.
See Also
- Five stocks we like better than PGIM Active Aggregate Bond ETF
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for PGIM Active Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Active Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
