PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) Stock Short Interest Report for October

PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 29,539 shares, a growth of 181.9% from the September 30th total of 10,480 shares. Approximately 2.6% of the company’s stock are sold short. Based on an average daily trading volume, of 11,791 shares, the short-interest ratio is presently 2.5 days.

PGIM Municipal Income Opportunities ETF Price Performance

PMIO traded down $0.12 during midday trading on Friday, hitting $49.90. 25,505 shares of the company were exchanged, compared to its average volume of 6,171. The company’s 50 day simple moving average is $49.49 and its 200 day simple moving average is $50.61. PGIM Municipal Income Opportunities ETF has a 1-year low of $47.76 and a 1-year high of $52.12.

Institutional Trading of PGIM Municipal Income Opportunities ETF

A hedge fund recently raised its position in PGIM Municipal Income Opportunities ETF stock. Mosaic Family Wealth Partners LLC boosted its stake in PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) by 28.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,877 shares of the company’s stock after purchasing an additional 12,074 shares during the quarter. Mosaic Family Wealth Partners LLC owned about 6.12% of PGIM Municipal Income Opportunities ETF worth $2,721,000 at the end of the most recent reporting period.

PGIM Municipal Income Opportunities ETF Company Profile

The PGIM Municipal Income Opportunities ETF (PMIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund combines a top-down and bottom-up proprietary research to create a portfolio of investment grade, tax-exempt US municipal bonds. The fund aims to maintain a weighted average portfolio duration of two to eight years. PMIO was launched on Jun 14, 2024 and is issued by PGIM.