PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Short Interest Down 48.1% in May

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 1,032 shares, a decrease of 48.1% from the May 14th total of 1,990 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,724 shares, the days-to-cover ratio is presently 0.6 days.

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

PBFB stock opened at $31.75 on Monday. The company has a 50 day simple moving average of $31.36 and a 200 day simple moving average of $30.74. PGIM S&P 500 Buffer 20 ETF – February has a 1 year low of $28.01 and a 1 year high of $32.79.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – February

A number of institutional investors have recently added to or reduced their stakes in PBFB. American Asset Management Inc. increased its position in PGIM S&P 500 Buffer 20 ETF – February by 551.9% during the 1st quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock worth $2,527,000 after purchasing an additional 71,215 shares in the last quarter. Jim Saulnier & Associates LLC grew its holdings in PGIM S&P 500 Buffer 20 ETF – February by 94.1% during the 1st quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock worth $2,816,000 after acquiring an additional 45,460 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the 1st quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after acquiring an additional 12,763 shares during the last quarter. Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – February during the 4th quarter worth approximately $349,000. Finally, Royal Bank of Canada bought a new stake in PGIM S&P 500 Buffer 20 ETF – February during the 1st quarter worth approximately $231,000.

About PGIM S&P 500 Buffer 20 ETF – February

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.