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

PGIM S&P 500 Buffer 12 ETF – October (BATS:OCTP) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 28,450 shares, an increase of 93.9% from the August 15th total of 14,672 shares. Currently, 5.7% of the shares of the company are sold short. Based on an average trading volume of 3,703 shares, the short-interest ratio is currently 7.7 days.

PGIM S&P 500 Buffer 12 ETF – October Stock Down 0.0%

Shares of OCTP opened at $33.17 on Tuesday. The stock has a 50 day moving average of $32.81 and a 200 day moving average of $31.75. PGIM S&P 500 Buffer 12 ETF – October has a 12 month low of $29.03 and a 12 month high of $33.24.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – October

Several large investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC grew its position in PGIM S&P 500 Buffer 12 ETF – October by 965.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 131,902 shares of the company’s stock valued at $4,003,000 after buying an additional 119,526 shares during the period. NewEdge Advisors LLC increased its holdings in PGIM S&P 500 Buffer 12 ETF – October by 3.1% during the second quarter. NewEdge Advisors LLC now owns 25,020 shares of the company’s stock worth $809,000 after buying an additional 750 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – October in the second quarter worth about $41,000. Royal Bank of Canada bought a new stake in PGIM S&P 500 Buffer 12 ETF – October in the first quarter worth about $141,000. Finally, PNC Financial Services Group Inc. raised its position in PGIM S&P 500 Buffer 12 ETF – October by 13.1% in the first quarter. PNC Financial Services Group Inc. now owns 5,361 shares of the company’s stock worth $159,000 after acquiring an additional 622 shares during the period.

About PGIM S&P 500 Buffer 12 ETF – October

The PGIM US Large-Cap Buffer 12 ETF – October (OCTP) 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 OCTP was launched on May 17, 2024 and is issued by PGIM.