PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) Stock Short Interest Report for September

PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 10,480 shares, a decline of 38.0% from the September 15th total of 16,898 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 14,787 shares, the days-to-cover ratio is currently 0.7 days.

PGIM Municipal Income Opportunities ETF Stock Performance

Shares of PMIO traded down $0.04 during trading hours on Friday, hitting $49.29. The stock had a trading volume of 1,703 shares, compared to its average volume of 5,240. The firm has a 50-day moving average price of $49.62 and a 200 day moving average price of $50.42. PGIM Municipal Income Opportunities ETF has a fifty-two week low of $47.76 and a fifty-two week high of $52.12.

Institutional Trading of PGIM Municipal Income Opportunities ETF

An institutional investor recently raised its stake in PGIM Municipal Income Opportunities ETF stock. Mosaic Family Wealth Partners LLC raised its stake in shares of PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) by 28.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,877 shares of the company’s stock after purchasing an additional 12,074 shares during the period. Mosaic Family Wealth Partners LLC owned 6.12% of PGIM Municipal Income Opportunities ETF worth $2,721,000 at the end of the most recent quarter.

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. PMIO was launched on Jun 14, 2024 and is issued by PGIM.