PGIM Portfolio Ballast ETF (BATS:PBL – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 897 shares, a decrease of 78.2% from the August 15th total of 4,108 shares. Based on an average trading volume of 3,019 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.
PGIM Portfolio Ballast ETF Stock Performance
Shares of PGIM Portfolio Ballast ETF stock opened at $33.52 on Friday. PGIM Portfolio Ballast ETF has a 1 year low of $29.56 and a 1 year high of $34.37. The company’s fifty day simple moving average is $33.52 and its 200-day simple moving average is $32.42.
Institutional Trading of PGIM Portfolio Ballast ETF
Hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. bought a new position in shares of PGIM Portfolio Ballast ETF during the 4th quarter worth about $244,000. Royal Bank of Canada lifted its stake in shares of PGIM Portfolio Ballast ETF by 108.4% in the first quarter. Royal Bank of Canada now owns 10,692 shares of the company’s stock valued at $293,000 after buying an additional 5,562 shares during the period. Jane Street Group LLC acquired a new stake in PGIM Portfolio Ballast ETF during the second quarter worth about $530,000. Wolverine Trading LLC bought a new position in PGIM Portfolio Ballast ETF during the third quarter valued at about $538,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new position in PGIM Portfolio Ballast ETF in the 4th quarter valued at approximately $1,863,000.
PGIM Portfolio Ballast ETF Company Profile
The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.
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