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

Pgim Aaa Clo Etf (NYSEARCA:PAAA) saw a large drop in short interest in the month of 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 daily volume of 1,724,160 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Pgim Aaa Clo Etf

A number of hedge funds have recently modified their holdings of PAAA. Koshinski Asset Management Inc. increased its stake in shares of Pgim Aaa Clo Etf by 0.7% in the 1st quarter. Koshinski Asset Management Inc. now owns 29,739 shares of the company’s stock worth $1,522,000 after acquiring an additional 210 shares in the last quarter. Blue Trust Inc. boosted its stake in Pgim Aaa Clo Etf by 3.9% during the fourth quarter. Blue Trust Inc. now owns 6,147 shares of the company’s stock worth $315,000 after acquiring an additional 229 shares in the last quarter. Asset Allocation Strategies LLC boosted its stake in Pgim Aaa Clo Etf by 0.9% during the second quarter. Asset Allocation Strategies LLC now owns 26,897 shares of the company’s stock worth $1,384,000 after acquiring an additional 234 shares in the last quarter. J.Safra Asset Management Corp grew its holdings in Pgim Aaa Clo Etf by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 2,665 shares of the company’s stock worth $137,000 after purchasing an additional 242 shares during the period. Finally, Comerica Bank increased its stake in shares of Pgim Aaa Clo Etf by 4.6% during the fourth quarter. Comerica Bank now owns 6,347 shares of the company’s stock valued at $325,000 after purchasing an additional 282 shares in the last quarter.

Pgim Aaa Clo Etf Trading Up 0.0%

Shares of NYSEARCA PAAA traded up $0.01 during mid-day trading on Friday, hitting $51.46. 1,575,489 shares of the stock traded hands, compared to its average volume of 2,104,291. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54. The stock has a fifty day moving average price of $51.40 and a 200-day moving average price of $51.36.

About Pgim Aaa Clo Etf

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.