PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 6,911 shares, an increase of 220.7% from the April 30th total of 2,155 shares. Based on an average trading volume of 5,604 shares, the short-interest ratio is currently 1.2 days. Approximately 1.1% of the company’s shares are short sold.

PGIM S&P 500 Buffer 20 ETF – June Price Performance

BATS PBJN opened at $30.92 on Friday. PGIM S&P 500 Buffer 20 ETF – June has a 1-year low of $27.63 and a 1-year high of $30.92. The stock has a 50-day moving average of $30.48 and a 200-day moving average of $30.11.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – June

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – June during the 4th quarter valued at $758,000. American Asset Management Inc. raised its holdings in PGIM S&P 500 Buffer 20 ETF – June by 14.4% during the 4th quarter. American Asset Management Inc. now owns 9,435 shares of the company’s stock valued at $282,000 after buying an additional 1,190 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in PGIM S&P 500 Buffer 20 ETF – June by 131.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,388 shares of the company’s stock valued at $41,000 after buying an additional 789 shares during the last quarter.

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

The PGIM US LARGE-CAP BUFFER 20 ETF – JUNE (PBJN) 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 PBJN was launched on May 31, 2024 and is issued by PGIM.