PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Stock Short Interest Report for September

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 98 shares, a drop of 98.2% from the September 15th total of 5,589 shares. Based on an average daily trading volume, of 19,063 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On PGIM Active Aggregate Bond ETF

An institutional investor recently raised its stake in PGIM Active Aggregate Bond ETF stock. Cetera Investment Advisers grew its holdings in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 15.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,942 shares of the company’s stock after purchasing an additional 5,589 shares during the period. Cetera Investment Advisers owned approximately 1.64% of PGIM Active Aggregate Bond ETF worth $1,733,000 as of its most recent SEC filing.

PGIM Active Aggregate Bond ETF Stock Performance

Shares of PGIM Active Aggregate Bond ETF stock traded down $0.01 during trading on Friday, hitting $40.35. The stock had a trading volume of 7,051 shares, compared to its average volume of 20,613. PGIM Active Aggregate Bond ETF has a 1 year low of $40.05 and a 1 year high of $43.55. The stock has a 50 day simple moving average of $41.14 and a 200 day simple moving average of $41.80.

About PGIM Active Aggregate Bond ETF

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.