PGIM Portfolio Ballast ETF (BATS:PBL) Short Interest Update

PGIM Portfolio Ballast ETF (BATS:PBLGet Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,184 shares, a growth of 258.0% from the April 15th total of 610 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 4,049 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On PGIM Portfolio Ballast ETF

Several institutional investors have recently made changes to their positions in PBL. Royal Bank of Canada boosted its position in shares of PGIM Portfolio Ballast ETF by 108.4% during the 1st quarter. Royal Bank of Canada now owns 10,692 shares of the company’s stock worth $293,000 after purchasing an additional 5,562 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of PGIM Portfolio Ballast ETF during the 2nd quarter worth $530,000. Cary Street Partners Financial LLC boosted its position in shares of PGIM Portfolio Ballast ETF by 13.6% during the 3rd quarter. Cary Street Partners Financial LLC now owns 1,178,345 shares of the company’s stock worth $36,540,000 after purchasing an additional 140,997 shares in the last quarter. Wolverine Trading LLC purchased a new stake in shares of PGIM Portfolio Ballast ETF during the 3rd quarter worth $538,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new stake in shares of PGIM Portfolio Ballast ETF during the 4th quarter worth $1,863,000.

PGIM Portfolio Ballast ETF Price Performance

Shares of PBL opened at $32.99 on Thursday. The company’s fifty day moving average is $31.07 and its two-hundred day moving average is $31.21. PGIM Portfolio Ballast ETF has a 1 year low of $27.97 and a 1 year high of $32.99.

PGIM Portfolio Ballast ETF Company Profile

(Get Free Report)

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.

Further Reading

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