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

PGIM Total Return Bond ETF (NYSEARCA:PTRB) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 65,729 shares, an increase of 219.5% from the July 30th total of 20,570 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 169,441 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On PGIM Total Return Bond ETF

Several institutional investors have recently bought and sold shares of PTRB. Concurrent Investment Advisors LLC acquired a new position in PGIM Total Return Bond ETF in the second quarter worth $449,000. First Heartland Consultants Inc. raised its holdings in shares of PGIM Total Return Bond ETF by 1.1% in the second quarter. First Heartland Consultants Inc. now owns 312,147 shares of the company’s stock valued at $12,942,000 after buying an additional 3,317 shares during the last quarter. First Citizens Financial Corp raised its holdings in shares of PGIM Total Return Bond ETF by 16.9% in the second quarter. First Citizens Financial Corp now owns 61,432 shares of the company’s stock valued at $2,547,000 after buying an additional 8,875 shares during the last quarter. FAS Wealth Partners Inc. lifted its position in PGIM Total Return Bond ETF by 25.5% during the 1st quarter. FAS Wealth Partners Inc. now owns 791,128 shares of the company’s stock worth $32,840,000 after buying an additional 160,645 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new position in PGIM Total Return Bond ETF during the 1st quarter worth about $2,366,000.

PGIM Total Return Bond ETF Price Performance

PTRB stock traded down $0.13 during trading on Friday, hitting $40.93. The company had a trading volume of 52,607 shares, compared to its average volume of 150,845. The company has a fifty day moving average price of $41.16 and a two-hundred day moving average price of $41.56. 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.