Short Interest in PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) Rises By 364.4%

PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 6,465 shares, a growth of 364.4% from the June 15th total of 1,392 shares. Based on an average daily volume of 4,566 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Commonwealth Equity Services LLC increased its position in PGIM S&P 500 Buffer 12 ETF – April by 10.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 33,628 shares of the company’s stock valued at $999,000 after buying an additional 3,104 shares in the last quarter. Cetera Investment Advisers raised its position in shares of PGIM S&P 500 Buffer 12 ETF – April by 2.7% in the second quarter. Cetera Investment Advisers now owns 23,588 shares of the company’s stock worth $664,000 after acquiring an additional 613 shares during the period. Royal Bank of Canada boosted its position in PGIM S&P 500 Buffer 12 ETF – April by 332.3% during the first quarter. Royal Bank of Canada now owns 10,807 shares of the company’s stock worth $288,000 after purchasing an additional 8,307 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in PGIM S&P 500 Buffer 12 ETF – April in the 4th quarter valued at $172,000.

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

BATS:APRP opened at $32.70 on Monday. PGIM S&P 500 Buffer 12 ETF – April has a twelve month low of $28.22 and a twelve month high of $32.74. The stock has a fifty day simple moving average of $32.34 and a 200-day simple moving average of $30.96.

About PGIM S&P 500 Buffer 12 ETF – April

The PGIM US Large-Cap Buffer 12 ETF – April (APRP) 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. APRP was launched on Mar 29, 2024 and is issued by PGIM.