PGIM Portfolio Ballast ETF (BATS:PBL – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,059 shares, an increase of 214.4% from the September 15th total of 973 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,605 shares, the days-to-cover ratio is currently 0.1 days.
PGIM Portfolio Ballast ETF Stock Performance
Shares of BATS:PBL opened at $33.77 on Wednesday. The stock’s fifty day simple moving average is $33.67 and its 200-day simple moving average is $32.89. PGIM Portfolio Ballast ETF has a 52-week low of $29.56 and a 52-week high of $34.37.
Institutional Inflows and Outflows
A hedge fund recently raised its position in PGIM Portfolio Ballast ETF stock. Royal Bank of Canada increased its holdings in PGIM Portfolio Ballast ETF (BATS:PBL – Free Report) by 45.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,510 shares of the company’s stock after purchasing an additional 6,982 shares during the period. Royal Bank of Canada owned 1.05% of PGIM Portfolio Ballast ETF worth $675,000 as of its most recent SEC filing.
About PGIM Portfolio Ballast ETF
The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.
See Also
- Five stocks we like better than PGIM Portfolio Ballast ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for PGIM Portfolio Ballast ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Portfolio Ballast ETF and related companies with MarketBeat.com's FREE daily email newsletter.
