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

PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 25,035 shares, an increase of 238.5% from the May 14th total of 7,395 shares. Currently, 9.3% of the company’s shares are short sold. Based on an average daily volume of 9,069 shares, the days-to-cover ratio is presently 2.8 days.

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

A hedge fund recently raised its stake in PGIM S&P 500 Buffer 12 ETF – May stock. Commonwealth Equity Services LLC raised its position in PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,699 shares of the company’s stock after purchasing an additional 2,560 shares during the quarter. Commonwealth Equity Services LLC owned 15.07% of PGIM S&P 500 Buffer 12 ETF – May worth $1,258,000 at the end of the most recent quarter.

PGIM S&P 500 Buffer 12 ETF – May Price Performance

Shares of PGIM S&P 500 Buffer 12 ETF – May stock remained flat at $32.15 during trading hours on Friday. The stock had a trading volume of 1,714 shares, compared to its average volume of 5,843. The business’s 50-day simple moving average is $31.91 and its 200 day simple moving average is $31.29. PGIM S&P 500 Buffer 12 ETF – May has a 52 week low of $28.66 and a 52 week high of $32.57.

About PGIM S&P 500 Buffer 12 ETF – May

The PGIM S&P 500 Buffer 12 ETF – May (MAYP) 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. MAYP was launched on May 1, 2024 and is issued by PGIM.