PGIM Total Return Bond ETF (NYSEARCA:PTRB) Short Interest Down 75.0% in July

PGIM Total Return Bond ETF (NYSEARCA:PTRB) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 20,570 shares, a decline of 75.0% from the July 15th total of 82,288 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 178,417 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of PGIM Total Return Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Heartland Consultants Inc. raised its holdings in PGIM Total Return Bond ETF by 1.1% in the 2nd quarter. First Heartland Consultants Inc. now owns 312,147 shares of the company’s stock valued at $12,942,000 after acquiring an additional 3,317 shares during the last quarter. First Citizens Financial Corp boosted its holdings in shares of PGIM Total Return Bond ETF by 16.9% during the second quarter. First Citizens Financial Corp now owns 61,432 shares of the company’s stock worth $2,547,000 after purchasing an additional 8,875 shares during the last quarter. FAS Wealth Partners Inc. increased its stake in PGIM Total Return Bond ETF by 25.5% in the first quarter. FAS Wealth Partners Inc. now owns 791,128 shares of the company’s stock valued at $32,840,000 after purchasing an additional 160,645 shares during the last quarter. NewEdge Advisors LLC acquired a new position in PGIM Total Return Bond ETF in the first quarter valued at $2,366,000. Finally, Royal Bank of Canada purchased a new position in PGIM Total Return Bond ETF during the first quarter worth about $27,000.

PGIM Total Return Bond ETF Stock Performance

Shares of NYSEARCA:PTRB traded down $0.11 during trading on Friday, reaching $40.96. The stock had a trading volume of 113,612 shares, compared to its average volume of 149,756. The business has a fifty day moving average price of $41.25 and a 200-day moving average price of $41.64. PGIM Total Return Bond ETF has a fifty-two week low of $40.67 and a fifty-two week high of $42.78.

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.