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 significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 10,480 shares, a decrease of 38.0% from the September 15th total of 16,898 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 14,787 shares, the short-interest ratio is currently 0.7 days.

PGIM Municipal Income Opportunities ETF Trading Down 0.0%

NYSEARCA:PMIO traded down $0.02 during trading hours on Friday, hitting $49.31. The company’s stock had a trading volume of 1,704 shares, compared to its average volume of 5,243. PGIM Municipal Income Opportunities ETF has a 52-week low of $47.76 and a 52-week high of $52.12. The business’s 50-day moving average is $49.60 and its two-hundred day moving average is $50.41.

Hedge Funds Weigh In On PGIM Municipal Income Opportunities ETF

An institutional investor recently raised its position in PGIM Municipal Income Opportunities ETF stock. First United Bank & Trust increased its stake in PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) by 69.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,475 shares of the company’s stock after purchasing an additional 8,400 shares during the quarter. First United Bank & Trust owned 2.33% of PGIM Municipal Income Opportunities ETF worth $1,034,000 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.