Short Interest in PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) Grows By 32,797.9%

PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 15,791 shares, an increase of 32,797.9% from the April 15th total of 48 shares. Currently, 4.6% of the shares of the company are short sold. Based on an average daily volume of 4,494 shares, the days-to-cover ratio is presently 3.5 days.

PGIM S&P 500 Buffer 12 ETF – July Stock Performance

Shares of JULP stock traded up $0.16 during mid-day trading on Monday, hitting $32.19. 1,096 shares of the stock were exchanged, compared to its average volume of 4,103. The stock’s fifty day simple moving average is $31.07 and its two-hundred day simple moving average is $30.83. PGIM S&P 500 Buffer 12 ETF – July has a 12-month low of $27.07 and a 12-month high of $32.21.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – July

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC grew its holdings in shares of PGIM S&P 500 Buffer 12 ETF – July by 28.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 86,601 shares of the company’s stock worth $2,669,000 after buying an additional 19,192 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of PGIM S&P 500 Buffer 12 ETF – July by 4.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 44,249 shares of the company’s stock worth $1,364,000 after buying an additional 1,817 shares during the last quarter. Centaurus Financial Inc. purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – July during the third quarter worth about $853,000. Finally, Royal Bank of Canada grew its holdings in shares of PGIM S&P 500 Buffer 12 ETF – July by 143.8% during the first quarter. Royal Bank of Canada now owns 8,505 shares of the company’s stock worth $225,000 after buying an additional 5,016 shares during the last quarter.

About PGIM S&P 500 Buffer 12 ETF – July

The PGIM S&P 500 Buffer 12 ETF – July (JULP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. JULP was launched on May 8, 2024 and is issued by PGIM.