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

by · The Markets Daily

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

Institutional Trading of PGIM Total Return Bond ETF

Large investors have recently bought and sold shares of the business. Apollon Wealth Management LLC boosted its holdings in PGIM Total Return Bond ETF by 20.3% in the 2nd quarter. Apollon Wealth Management LLC now owns 1,674,521 shares of the company’s stock valued at $70,045,000 after purchasing an additional 283,129 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of PGIM Total Return Bond ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,080,150 shares of the company’s stock valued at $45,582,000 after buying an additional 78,048 shares during the period. Raymond James Financial Inc. boosted its stake in shares of PGIM Total Return Bond ETF by 158.6% in the third quarter. Raymond James Financial Inc. now owns 907,752 shares of the company’s stock valued at $38,307,000 after buying an additional 556,673 shares in the last quarter. Howard Financial Services LTD. grew its holdings in PGIM Total Return Bond ETF by 8.2% during 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 period. Finally, FAS Wealth Partners Inc. grew its holdings in PGIM Total Return Bond ETF by 10.8% during the third quarter. FAS Wealth Partners Inc. now owns 557,927 shares of the company’s stock worth $23,545,000 after acquiring an additional 54,491 shares during the period.

PGIM Total Return Bond ETF Price Performance

NYSEARCA PTRB traded down $0.10 on Friday, reaching $42.09. The stock had a trading volume of 67,085 shares, compared to its average volume of 311,399. PGIM Total Return Bond ETF has a 12-month low of $40.21 and a 12-month high of $42.70. The business’s 50-day moving average price is $42.19 and its 200 day moving average price is $42.05.

About PGIM Total Return Bond ETF

(Get Free Report)

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.

Featured Stories