PDBC: Large Outflows Detected at ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2024
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Source: NASDAQ.COM
PDBC Share Price Analysis: PDBC's current share price is $13.47, with a 52-week low of $12.97 and a high of $15.35, indicating its performance within the trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks but involve trading "units" that can be created or destroyed based on investor demand, impacting the underlying assets held within the ETFs.
Analyst Views on PDBC
Wall Street analysts forecast PDBC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PDBC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 14.090
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Current: 14.090
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
