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Short interest in three PGIM ETFs spiked in February, yet funds remained stable with strong dividends and performance.
Short interest surged across three PGIM ETFs in February: PAB rose 243%, PFRL jumped 259.3%, and PMIO increased 272.4%, with shares sold short now representing 0.4% to 1.7% of each fund.
Despite the rise, all three funds remained stable, supported by consistent dividends and steady performance.
PAB and PMIO trade near 1-year highs, while PFRL edged lower.
Institutional investors increased stakes in PAB and PMIO, with First United Bank & Trust buying $616,000 in PMIO.
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El interés en corto en tres PGIM ETF aumentó en febrero, pero los fondos se mantuvieron estables con fuertes dividendos y rendimiento.