PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 1,190 shares, a decline of 91.5% from the April 30th total of 13,934 shares. Based on an average daily volume of 5,668 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – November

Hedge funds and other institutional investors have recently made changes to their positions in the business. Spire Wealth Management purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter worth approximately $42,000. DHJJ Financial Advisors Ltd. purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter worth approximately $56,000. Royal Bank of Canada increased its position in shares of PGIM S&P 500 Buffer 12 ETF – November by 88.5% in the fourth quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock worth $221,000 after acquiring an additional 3,410 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter worth approximately $391,000. Finally, Maltin Wealth Management Inc. purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the first quarter worth approximately $495,000.

PGIM S&P 500 Buffer 12 ETF – November Stock Up 0.0%

Shares of BATS NOVP traded up $0.01 during midday trading on Wednesday, reaching $32.42. The company’s stock had a trading volume of 1,529 shares, compared to its average volume of 5,312. The company has a 50 day moving average price of $30.98 and a 200 day moving average price of $30.60. PGIM S&P 500 Buffer 12 ETF – November has a one year low of $27.57 and a one year high of $32.43.

About PGIM S&P 500 Buffer 12 ETF – November

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.