PGIM Total Return Bond ETF (NYSEARCA:PTRB) Short Interest Up 41.8% in December

PGIM Total Return Bond ETF (NYSEARCA:PTRB) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 24,726 shares, an increase of 41.8% from the December 15th total of 17,442 shares. Based on an average daily volume of 52,895 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 52,895 shares, the days-to-cover ratio is presently 0.5 days.

PGIM Total Return Bond ETF Trading Down 0.2%

Shares of PGIM Total Return Bond ETF stock traded down $0.10 on Friday, reaching $42.09. 67,085 shares of the stock were exchanged, compared to its average volume of 311,399. PGIM Total Return Bond ETF has a twelve month low of $40.21 and a twelve month high of $42.70. The business has a 50 day moving average price of $42.19 and a two-hundred day moving average price of $42.05.

Institutional Investors Weigh In On PGIM Total Return Bond ETF

A number of hedge funds have recently bought and sold shares of the stock. Silver Oak Securities Incorporated boosted its stake in shares of PGIM Total Return Bond ETF by 8.0% in the 4th quarter. Silver Oak Securities Incorporated now owns 113,609 shares of the company’s stock valued at $4,782,000 after buying an additional 8,428 shares during the period. Team Financial Group LLC raised its holdings in PGIM Total Return Bond ETF by 4.7% in the fourth quarter. Team Financial Group LLC now owns 318,202 shares of the company’s stock valued at $13,377,000 after acquiring an additional 14,383 shares in the last quarter. Howard Financial Services LTD. lifted its stake in PGIM Total Return Bond ETF by 8.2% in the fourth quarter. Howard Financial Services LTD. now owns 732,998 shares of the company’s stock worth $30,815,000 after acquiring an additional 55,578 shares during the last quarter. First Heartland Consultants Inc. grew its holdings in PGIM Total Return Bond ETF by 14.4% during the 4th quarter. First Heartland Consultants Inc. now owns 299,429 shares of the company’s stock worth $12,588,000 after acquiring an additional 37,581 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of PGIM Total Return Bond ETF by 0.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 160,054 shares of the company’s stock valued at $6,733,000 after purchasing an additional 456 shares during the last quarter.

PGIM Total Return Bond ETF Company Profile

The PGIM Total Return Bond ETF (PTRB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks total return from an actively managed, core portfolio of global investment-grade and high-yield fixed income securities with a maturity of greater than one year. PTRB was launched on Dec 8, 2021 and is managed by PGIM.