Pgim Aaa Clo Etf (NYSEARCA:PAAA) Short Interest Update

Pgim Aaa Clo Etf (NYSEARCA:PAAA) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 510,436 shares, a decline of 68.7% from the July 15th total of 1,633,120 shares. Based on an average daily volume of 2,195,750 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Pgim Aaa Clo Etf Stock Performance

Pgim Aaa Clo Etf stock traded up $0.04 during trading hours on Friday, reaching $51.41. The stock had a trading volume of 1,040,683 shares, compared to its average volume of 2,065,596. The business’s 50 day moving average price is $51.38 and its 200-day moving average price is $51.37. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PAAA. Richards Merrill & Peterson Inc. purchased a new stake in Pgim Aaa Clo Etf during the first quarter valued at approximately $26,000. International Assets Investment Management LLC acquired a new position in shares of Pgim Aaa Clo Etf during the first quarter worth $26,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Pgim Aaa Clo Etf during the fourth quarter worth $37,000. Anchor Investment Management LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the 1st quarter valued at $51,000. Finally, Contravisory Investment Management Inc. purchased a new stake in shares of Pgim Aaa Clo Etf during the 2nd quarter valued at $69,000.

Pgim Aaa Clo Etf Company Profile

The PGIM AAA CLO ETF (PAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds USD-denominated collateralized loan obligations with AAA credit rating. Securities are selected using both top-down analysis and bottom-up research. PAAA was launched on Jul 19, 2023 and is issued by PGIM.