PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Update

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 4,259 shares, a drop of 61.5% from the April 15th total of 11,053 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 15,193 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. DHJJ Financial Advisors Ltd. lifted its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock valued at $141,000 after buying an additional 3,104 shares in the last quarter. Red Crane Wealth Management LLC purchased a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the 1st quarter valued at approximately $201,000. Cetera Investment Advisers purchased a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the 4th quarter valued at approximately $224,000. OLD Mission Capital LLC purchased a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the 4th quarter valued at approximately $414,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock valued at $779,000 after buying an additional 2,571 shares in the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Down 0.3%

Shares of NASDAQ PBQQ traded down $0.08 during midday trading on Friday, reaching $31.09. 8,011 shares of the stock were exchanged, compared to its average volume of 20,761. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a twelve month low of $25.45 and a twelve month high of $31.29. The firm has a market cap of $62.49 million, a price-to-earnings ratio of 30.37 and a beta of 0.66. The firm has a 50-day simple moving average of $29.51 and a two-hundred day simple moving average of $28.99.

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.