PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) Short Interest Down 40.5% in December

PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,612 shares, a decline of 40.5% from the November 30th total of 2,708 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 4,061 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 4,061 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are sold short.

PGIM Municipal Income Opportunities ETF Stock Up 0.1%

PMIO stock traded up $0.05 during mid-day trading on Monday, reaching $51.13. The company’s stock had a trading volume of 3,811 shares, compared to its average volume of 1,668. The company’s 50 day moving average is $51.11 and its two-hundred day moving average is $50.54. PGIM Municipal Income Opportunities ETF has a fifty-two week low of $48.80 and a fifty-two week high of $51.43.

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.