Pgim Aaa Clo Etf (NYSEARCA:PAAA – Get Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 510,436 shares, a drop of 68.7% from the July 15th total of 1,633,120 shares. Based on an average daily trading volume, of 2,195,750 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.
Pgim Aaa Clo Etf Price Performance
NYSEARCA PAAA traded up $0.04 during trading on Friday, hitting $51.41. The company’s stock had a trading volume of 1,040,683 shares, compared to its average volume of 2,065,596. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week high of $51.54. The business’s 50 day simple moving average is $51.38 and its 200-day simple moving average is $51.37.
Institutional Trading of Pgim Aaa Clo Etf
A number of institutional investors have recently bought and sold shares of the stock. Richards Merrill & Peterson Inc. acquired a new position in shares of Pgim Aaa Clo Etf in the 1st quarter valued at $26,000. International Assets Investment Management LLC purchased a new position in shares of Pgim Aaa Clo Etf in the first quarter worth about $26,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Pgim Aaa Clo Etf during the fourth quarter worth about $37,000. Anchor Investment Management LLC acquired a new stake in shares of Pgim Aaa Clo Etf during the first quarter worth about $51,000. Finally, Contravisory Investment Management Inc. purchased a new stake in Pgim Aaa Clo Etf in the second quarter valued at approximately $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.
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