PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) Stock Short Interest Drops 59.1%

PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 2,711 shares, a decrease of 59.1% from the October 15th total of 6,623 shares. Based on an average trading volume of 17,333 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

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

Shares of BATS:PBOC traded down $0.03 during trading on Friday, reaching $31.40. The stock had a trading volume of 5,308 shares, compared to its average volume of 11,992. PGIM S&P 500 Buffer 20 ETF – October has a 52 week low of $28.38 and a 52 week high of $31.78. The business’s 50-day moving average price is $31.47 and its 200 day moving average price is $30.44.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Kintra Wealth LLC bought a new position in PGIM S&P 500 Buffer 20 ETF – October in the second quarter valued at about $298,000. Royal Bank of Canada bought a new stake in PGIM S&P 500 Buffer 20 ETF – October during the 1st quarter worth about $313,000. Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – October during the 3rd quarter worth about $350,000. Commonwealth Equity Services LLC bought a new stake in PGIM S&P 500 Buffer 20 ETF – October during the 3rd quarter worth about $2,158,000. Finally, Foguth Wealth Management LLC. lifted its position in PGIM S&P 500 Buffer 20 ETF – October by 0.9% during the 1st quarter. Foguth Wealth Management LLC. now owns 436,351 shares of the company’s stock valued at $13,339,000 after purchasing an additional 3,996 shares during the period.

PGIM S&P 500 Buffer 20 ETF – October Company Profile

The PGIM US Large-Cap Buffer 20 ETF – October (PBOC) 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. PBOC was launched on May 16, 2024 and is issued by PGIM.