PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Sees Large Decrease in Short Interest

PGIM Ultra Short Bond ETF (NYSEARCA:PULSGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 162,407 shares, a decrease of 54.2% from the June 30th total of 354,594 shares. Based on an average daily trading volume, of 2,269,241 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On PGIM Ultra Short Bond ETF

Large investors have recently modified their holdings of the company. Anchor Investment Management LLC bought a new stake in PGIM Ultra Short Bond ETF during the 1st quarter valued at $25,000. Flagship Wealth Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the first quarter valued at $25,000. Sound Income Strategies LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after buying an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 394.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after buying an additional 513 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

NYSEARCA:PULS traded up $0.02 on Tuesday, hitting $49.68. The stock had a trading volume of 3,398,748 shares, compared to its average volume of 2,769,557. The business’s fifty day moving average is $49.63 and its 200 day moving average is $49.65. The company has a market cap of $17.41 billion, a PE ratio of -23.88 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84.

PGIM Ultra Short Bond ETF Company Profile

(Get Free Report)

The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation. PULS was launched on Apr 5, 2018 and is managed by PGIM.

Featured Stories

Receive News & Ratings for PGIM Ultra Short Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Ultra Short Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.