PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Short Interest Down 43.9% in July

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 9,769 shares, a decrease of 43.9% from the July 15th total of 17,423 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 4,139 shares, the days-to-cover ratio is currently 2.4 days.

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

BATS:PBAP opened at $31.42 on Wednesday. PGIM S&P 500 Buffer 20 ETF – April has a 12 month low of $28.01 and a 12 month high of $31.98. The firm has a fifty day simple moving average of $31.09 and a two-hundred day simple moving average of $30.32.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – April

A number of institutional investors and hedge funds have recently made changes to their positions in PBAP. Cetera Investment Advisers grew its stake in PGIM S&P 500 Buffer 20 ETF – April by 23.5% in the second quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock valued at $347,000 after acquiring an additional 2,378 shares during the period. Citadel Advisors LLC bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – April during the third quarter valued at approximately $410,000. Finally, Blue Water Asset Management acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – April during the fourth quarter worth approximately $839,000.

About PGIM S&P 500 Buffer 20 ETF – April

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.