PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Short Interest Update

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 16,389 shares, a growth of 127.5% from the December 15th total of 7,205 shares. Based on an average trading volume of 12,288 shares, the short-interest ratio is presently 1.3 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 12,288 shares, the short-interest ratio is presently 1.3 days.

PGIM Active Aggregate Bond ETF Stock Performance

Shares of PAB stock traded down $0.04 during mid-day trading on Thursday, reaching $42.90. The company’s stock had a trading volume of 122,041 shares, compared to its average volume of 20,164. The company’s 50 day simple moving average is $42.91 and its 200-day simple moving average is $42.74. PGIM Active Aggregate Bond ETF has a 12-month low of $40.73 and a 12-month high of $43.41.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC boosted its position in shares of 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 worth $1,037,000 after buying an additional 9,464 shares during the period. Strategic Financial Partners Ltd. boosted its holdings in PGIM Active Aggregate Bond ETF by 211.2% in the 2nd quarter. Strategic Financial Partners Ltd. now owns 118,077 shares of the company’s stock worth $5,018,000 after acquiring an additional 80,130 shares during the period. Intrua Financial LLC grew its position in PGIM Active Aggregate Bond ETF by 18.8% in the third quarter. Intrua Financial LLC now owns 129,756 shares of the company’s stock valued at $5,572,000 after acquiring an additional 20,537 shares in the last quarter. Coign Capital Advisors LLC purchased a new stake in shares of PGIM Active Aggregate Bond ETF during the third quarter valued at approximately $6,950,000. Finally, Citadel Advisors LLC lifted its position in shares of PGIM Active Aggregate Bond ETF by 423.2% during the third quarter. Citadel Advisors LLC now owns 41,435 shares of the company’s stock worth $1,779,000 after purchasing an additional 33,516 shares in 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.