Pgim Aaa Clo Etf (NYSEARCA:PAAA) Short Interest Down 83.8% in June

Pgim Aaa Clo Etf (NYSEARCA:PAAA) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 303,690 shares, a drop of 83.8% from the May 31st total of 1,876,942 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,724,160 shares, the days-to-cover ratio is presently 0.2 days.

Pgim Aaa Clo Etf Trading Up 0.0%

NYSEARCA PAAA opened at $51.45 on Friday. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54. The firm has a 50 day moving average of $51.39 and a two-hundred day moving average of $51.36.

Hedge Funds Weigh In On Pgim Aaa Clo Etf

Several large investors have recently bought and sold shares of PAAA. Nemes Rush Group LLC purchased a new stake in Pgim Aaa Clo Etf during the 3rd quarter worth about $26,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Pgim Aaa Clo Etf during the 1st quarter worth about $26,000. International Assets Investment Management LLC acquired a new position in Pgim Aaa Clo Etf in the first quarter valued at approximately $26,000. Garton & Associates Financial Advisors LLC purchased a new position in Pgim Aaa Clo Etf in the fourth quarter valued at approximately $37,000. Finally, Anchor Investment Management LLC purchased a new position in Pgim Aaa Clo Etf in the first quarter valued at approximately $51,000.

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.