PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 29,539 shares, an increase of 181.9% from the September 30th total of 10,480 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average trading volume of 11,791 shares, the short-interest ratio is currently 2.5 days.
Institutional Trading of PGIM Municipal Income Opportunities ETF
An institutional investor recently raised its position in PGIM Municipal Income Opportunities ETF stock. Mosaic Family Wealth Partners LLC grew its position in shares of PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO – Free Report) by 28.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,877 shares of the company’s stock after buying an additional 12,074 shares during the quarter. Mosaic Family Wealth Partners LLC owned approximately 6.12% of PGIM Municipal Income Opportunities ETF worth $2,721,000 as of its most recent filing with the Securities and Exchange Commission.
PGIM Municipal Income Opportunities ETF Stock Performance
Shares of PMIO traded up $0.04 on Thursday, reaching $50.02. 24,015 shares of the stock traded hands, compared to its average volume of 6,078. The stock’s 50-day moving average price is $49.50 and its 200-day moving average price is $50.62. PGIM Municipal Income Opportunities ETF has a 12 month low of $47.76 and a 12 month high of $52.12.
About PGIM Municipal Income Opportunities ETF
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.
See Also
- Five stocks we like better than PGIM Municipal Income Opportunities ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for PGIM Municipal Income Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Municipal Income Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
