PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,105 shares, a growth of 1,050.3% from the June 15th total of 183 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 2,506 shares, the days-to-cover ratio is presently 0.8 days.

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

Large investors have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – February during the fourth quarter worth about $120,000. Commonwealth Equity Services LLC lifted its stake in PGIM S&P 500 Buffer 12 ETF – February by 18.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after acquiring an additional 2,739 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – February in the 1st quarter valued at about $447,000.

PGIM S&P 500 Buffer 12 ETF – February Price Performance

FEBP stock traded up $0.04 during trading hours on Friday, reaching $34.24. 3,314 shares of the stock were exchanged, compared to its average volume of 5,089. The firm’s 50-day moving average is $33.80 and its 200-day moving average is $32.68. PGIM S&P 500 Buffer 12 ETF – February has a 12 month low of $29.58 and a 12 month high of $34.25.

PGIM S&P 500 Buffer 12 ETF – February Company Profile

The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.