PGIM S&P 500 Buffer 20 ETF – November (BATS:PBNV) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – November (BATS:PBNV) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 2,238 shares, a growth of 196.8% from the June 30th total of 754 shares. Based on an average daily trading volume, of 6,928 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. DHJJ Financial Advisors Ltd. boosted its holdings in PGIM S&P 500 Buffer 20 ETF – November by 81.2% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,803 shares of the company’s stock worth $53,000 after purchasing an additional 808 shares during the last quarter. Royal Bank of Canada increased its stake in PGIM S&P 500 Buffer 20 ETF – November by 153.1% in the 4th quarter. Royal Bank of Canada now owns 5,105 shares of the company’s stock valued at $150,000 after buying an additional 3,088 shares during the last quarter. Integrity Alliance LLC. bought a new position in shares of PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter worth approximately $232,000. Cypress Financial Planning LLC bought a new position in shares of PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter worth approximately $263,000. Finally, MML Investors Services LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – November in the 4th quarter worth approximately $293,000.

PGIM S&P 500 Buffer 20 ETF – November Stock Performance

Shares of BATS:PBNV opened at $31.06 on Wednesday. The stock’s fifty day simple moving average is $30.90 and its two-hundred day simple moving average is $30.08. PGIM S&P 500 Buffer 20 ETF – November has a 1-year low of $28.11 and a 1-year high of $31.18.

About PGIM S&P 500 Buffer 20 ETF – November

The PGIM S&P 500 Buffer 20 ETF – November (PBNV) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. PBNV was launched on May 22, 2024 and is issued by PGIM.