PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) Sees Large Decrease in Short Interest

PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 400 shares, a decrease of 73.3% from the September 15th total of 1,500 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 0.3 days.

PGIM Municipal Income Opportunities ETF Stock Up 0.1%

Shares of PGIM Municipal Income Opportunities ETF stock opened at $51.18 on Monday. The stock’s fifty day moving average is $50.55 and its two-hundred day moving average is $50.04. PGIM Municipal Income Opportunities ETF has a 52 week low of $48.80 and a 52 week high of $51.38.

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.