PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Shares Shorted: Short Interest Up 670.4% in October

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 755 shares, a growth of 670.4% from the September 30th total of 98 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 15,198 shares, the short-interest ratio is currently 0.0 days.

PGIM Active Aggregate Bond ETF Trading Down 0.2%

Shares of PGIM Active Aggregate Bond ETF stock traded down $0.10 during trading hours on Wednesday, reaching $40.91. 13,277 shares of the company’s stock were exchanged, compared to its average volume of 20,027. PGIM Active Aggregate Bond ETF has a 52-week low of $40.05 and a 52-week high of $43.55. The company has a fifty day moving average of $40.93 and a 200-day moving average of $42.00.

Institutional Trading of PGIM Active Aggregate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAB. Cetera Investment Advisers raised its stake in PGIM Active Aggregate Bond ETF by 15.8% during the first quarter. Cetera Investment Advisers now owns 40,942 shares of the company’s stock worth $1,733,000 after purchasing an additional 5,589 shares during the period. Intrua Financial LLC grew its position in PGIM Active Aggregate Bond ETF by 13.6% during the first quarter. Intrua Financial LLC now owns 172,282 shares of the company’s stock valued at $7,293,000 after acquiring an additional 20,642 shares during the period. Finally, KWB Wealth purchased a new stake in PGIM Active Aggregate Bond ETF during the third quarter valued at about $17,230,000.

PGIM Active Aggregate Bond ETF Company Profile

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.