Short Interest in PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) Decreases By 78.8%

PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 291 shares, a decrease of 78.8% from the December 31st total of 1,375 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,264 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 3,264 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

PGIM Municipal Income Opportunities ETF Stock Up 0.0%

Shares of NYSEARCA:PMIO traded up $0.01 during midday trading on Thursday, reaching $51.36. 1,367 shares of the company’s stock were exchanged, compared to its average volume of 3,114. PGIM Municipal Income Opportunities ETF has a fifty-two week low of $48.80 and a fifty-two week high of $51.43. The firm’s 50 day simple moving average is $51.12 and its two-hundred day simple moving average is $50.74.

Hedge Funds Weigh In On PGIM Municipal Income Opportunities ETF

A hedge fund recently bought a new stake in PGIM Municipal Income Opportunities ETF stock. First United Bank & Trust bought a new stake in PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 12,075 shares of the company’s stock, valued at approximately $616,000. First United Bank & Trust owned about 1.73% of PGIM Municipal Income Opportunities ETF as of its most recent filing with the Securities and Exchange Commission.

PGIM Municipal Income Opportunities ETF Company Profile

The PGIM Municipal Income Opportunities ETF (PMIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund combines a top-down and bottom-up proprietary research to create a portfolio of investment grade, tax-exempt US municipal bonds. The fund aims to maintain a weighted average portfolio duration of two to eight years. PMIO was launched on Jun 14, 2024 and is issued by PGIM.