PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) Sees Large Decrease in Short Interest

PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 5,858 shares, a drop of 52.0% from the May 14th total of 12,199 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average trading volume of 8,920 shares, the days-to-cover ratio is currently 0.7 days.

PGIM S&P 500 Buffer 20 ETF – October Trading Up 0.2%

Shares of PBOC opened at $30.45 on Friday. PGIM S&P 500 Buffer 20 ETF – October has a 1-year low of $27.08 and a 1-year high of $30.97. The company has a 50-day moving average of $30.06 and a 200 day moving average of $29.47.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PBOC. Spire Wealth Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – October in the 4th quarter worth approximately $3,269,000. American Asset Management Inc. acquired a new stake in PGIM S&P 500 Buffer 20 ETF – October in the 4th quarter worth approximately $1,506,000. Foguth Wealth Management LLC. acquired a new stake in PGIM S&P 500 Buffer 20 ETF – October in the 4th quarter worth approximately $12,613,000. Royal Bank of Canada acquired a new stake in PGIM S&P 500 Buffer 20 ETF – October in the 1st quarter worth approximately $313,000. Finally, Kestra Advisory Services LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – October in the 4th quarter worth approximately $432,000.

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

The PGIM US Large-Cap Buffer 20 ETF – October (PBOC) 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. PBOC was launched on May 16, 2024 and is issued by PGIM.