PGIM Total Return Bond ETF (NYSEARCA:PTRB) Short Interest Update

PGIM Total Return Bond ETF (NYSEARCA:PTRB) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 46,380 shares, a decrease of 52.1% from the April 30th total of 96,919 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 122,889 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On PGIM Total Return Bond ETF

A number of institutional investors have recently bought and sold shares of PTRB. Royal Bank of Canada bought a new stake in PGIM Total Return Bond ETF in the 1st quarter valued at $27,000. Everest Financial Group LLC acquired a new stake in shares of PGIM Total Return Bond ETF during the 1st quarter valued at about $226,000. MML Investors Services LLC bought a new stake in PGIM Total Return Bond ETF in the fourth quarter valued at about $233,000. GWN Securities Inc. acquired a new position in PGIM Total Return Bond ETF in the fourth quarter worth about $250,000. Finally, Cora Capital Advisors LLC raised its position in PGIM Total Return Bond ETF by 5.5% in the first quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock worth $277,000 after purchasing an additional 345 shares in the last quarter.

PGIM Total Return Bond ETF Price Performance

Shares of PTRB stock traded up $0.11 during mid-day trading on Monday, reaching $41.62. The stock had a trading volume of 394,100 shares, compared to its average volume of 141,970. PGIM Total Return Bond ETF has a one year low of $40.72 and a one year high of $42.78. The firm’s 50 day simple moving average is $41.60 and its 200 day simple moving average is $41.99.

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.