PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Short Interest Up 409.9% in April

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 24,525 shares, an increase of 409.9% from the April 15th total of 4,810 shares. Based on an average daily volume of 9,287 shares, the short-interest ratio is presently 2.6 days. Currently, 1.0% of the company’s shares are sold short.

PGIM Active Aggregate Bond ETF Stock Down 0.0%

Shares of NYSEARCA:PAB traded down $0.02 during trading on Thursday, hitting $42.14. 7,958 shares of the company’s stock were exchanged, compared to its average volume of 15,635. PGIM Active Aggregate Bond ETF has a 1-year low of $41.42 and a 1-year high of $43.55. The firm has a 50-day moving average price of $42.46 and a two-hundred day moving average price of $42.78.

Institutional Trading of PGIM Active Aggregate Bond ETF

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of PGIM Active Aggregate Bond ETF in the 4th quarter valued at $25,000. Flow Traders U.S. LLC bought a new position in shares of PGIM Active Aggregate Bond ETF in the 3rd quarter worth $246,000. Osaic Holdings Inc. grew its stake in shares of PGIM Active Aggregate Bond ETF by 280.9% during the fourth quarter. Osaic Holdings Inc. now owns 9,073 shares of the company’s stock worth $388,000 after purchasing an additional 6,691 shares during the period. Evergreen Wealth Partners LLC acquired a new stake in shares of PGIM Active Aggregate Bond ETF during the fourth quarter worth $504,000. Finally, Jane Street Group LLC increased its holdings in PGIM Active Aggregate Bond ETF by 63.0% in the first quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock valued at $1,037,000 after purchasing an additional 9,464 shares during the last quarter.

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.