PGIM Total Return Bond ETF (NYSEARCA:PTRB) Short Interest Down 57.7% in September

PGIM Total Return Bond ETF (NYSEARCA:PTRB) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 16,300 shares, a decline of 57.7% from the September 15th total of 38,500 shares. Based on an average daily trading volume, of 71,700 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 71,700 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On PGIM Total Return Bond ETF

A number of institutional investors have recently added to or reduced their stakes in PTRB. Continuum Advisory LLC acquired a new position in PGIM Total Return Bond ETF during the first quarter worth $140,000. Acorn Wealth Advisors LLC increased its holdings in PGIM Total Return Bond ETF by 3.1% during the first quarter. Acorn Wealth Advisors LLC now owns 8,649 shares of the company’s stock worth $361,000 after buying an additional 256 shares during the last quarter. Golden State Equity Partners increased its holdings in PGIM Total Return Bond ETF by 8.6% during the first quarter. Golden State Equity Partners now owns 10,689 shares of the company’s stock worth $446,000 after buying an additional 846 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in PGIM Total Return Bond ETF by 13.8% during the second quarter. Janney Montgomery Scott LLC now owns 11,363 shares of the company’s stock worth $475,000 after buying an additional 1,380 shares during the last quarter. Finally, Cypress Capital LLC increased its holdings in PGIM Total Return Bond ETF by 16.1% during the second quarter. Cypress Capital LLC now owns 22,634 shares of the company’s stock worth $947,000 after buying an additional 3,140 shares during the last quarter.

PGIM Total Return Bond ETF Stock Performance

Shares of PTRB opened at $42.51 on Friday. PGIM Total Return Bond ETF has a 1-year low of $40.21 and a 1-year high of $42.60. The company’s fifty day simple moving average is $42.11 and its 200 day simple moving average is $41.57.

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.