PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Stock Short Interest Drops 75.8%

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,140 shares, a decrease of 75.8% from the September 15th total of 4,707 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 3,649 shares, the days-to-cover ratio is currently 0.3 days.

PGIM S&P 500 Buffer 12 ETF – November Stock Up 0.1%

Shares of BATS NOVP opened at $34.05 on Tuesday. PGIM S&P 500 Buffer 12 ETF – November has a 1-year low of $29.08 and a 1-year high of $34.05. The business’s fifty day moving average price is $33.45 and its two-hundred day moving average price is $32.42.

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

A hedge fund recently bought a new position in PGIM S&P 500 Buffer 12 ETF – November stock. Maltin Wealth Management Inc. purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,724 shares of the company’s stock, valued at approximately $495,000. Maltin Wealth Management Inc. owned about 8.80% of PGIM S&P 500 Buffer 12 ETF – November as of its most recent filing with the Securities & Exchange Commission.

About PGIM S&P 500 Buffer 12 ETF – November

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.