PGIM Portfolio Ballast ETF (BATS:PBL) Stock Short Interest Report for September

PGIM Portfolio Ballast ETF (BATS:PBL) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,059 shares, a growth of 214.4% from the September 15th total of 973 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 25,605 shares, the short-interest ratio is currently 0.1 days.

PGIM Portfolio Ballast ETF Stock Performance

Shares of BATS PBL opened at $33.80 on Tuesday. PGIM Portfolio Ballast ETF has a 52 week low of $29.56 and a 52 week high of $34.37. The business has a 50-day simple moving average of $33.67 and a two-hundred day simple moving average of $32.86.

Institutional Investors Weigh In On PGIM Portfolio Ballast ETF

A hedge fund recently raised its stake in PGIM Portfolio Ballast ETF stock. Royal Bank of Canada increased its position in PGIM Portfolio Ballast ETF (BATS:PBL) by 45.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,510 shares of the company’s stock after acquiring an additional 6,982 shares during the quarter. Royal Bank of Canada owned about 1.05% of PGIM Portfolio Ballast ETF worth $675,000 at the end of the most recent quarter.

About PGIM Portfolio Ballast ETF

The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.