PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Sees Significant Decrease in Short Interest

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 36 shares, a decrease of 97.0% from the May 14th total of 1,190 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,477 shares, the days-to-cover ratio is currently 0.0 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Maltin Wealth Management Inc. acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November in the first quarter valued at about $495,000. Royal Bank of Canada grew its position in shares of PGIM S&P 500 Buffer 12 ETF – November by 88.5% in the fourth quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock valued at $221,000 after purchasing an additional 3,410 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter valued at about $668,000. Commonwealth Equity Services LLC grew its position in shares of PGIM S&P 500 Buffer 12 ETF – November by 199.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 35,162 shares of the company’s stock valued at $1,070,000 after purchasing an additional 23,415 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter valued at about $391,000.

PGIM S&P 500 Buffer 12 ETF – November Trading Down 0.2%

PGIM S&P 500 Buffer 12 ETF – November stock traded down $0.06 during mid-day trading on Tuesday, hitting $32.16. 505 shares of the company’s stock were exchanged, compared to its average volume of 5,158. PGIM S&P 500 Buffer 12 ETF – November has a 1-year low of $27.82 and a 1-year high of $32.64. The stock has a 50 day moving average of $31.46 and a two-hundred day moving average of $30.76.

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.