PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,291 shares, an increase of 2,532.8% from the June 15th total of 125 shares. Based on an average daily trading volume, of 3,891 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – September during the first quarter worth approximately $210,000. Kestra Advisory Services LLC acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – September in the fourth quarter worth $161,000. Richard P Slaughter Associates Inc grew its stake in shares of PGIM S&P 500 Buffer 20 ETF – September by 4.2% in the fourth quarter. Richard P Slaughter Associates Inc now owns 441,890 shares of the company’s stock worth $13,019,000 after acquiring an additional 17,943 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in PGIM S&P 500 Buffer 20 ETF – September during the third quarter worth $227,000.

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

Shares of PGIM S&P 500 Buffer 20 ETF – September stock traded up $0.18 during trading hours on Friday, hitting $31.00. The company’s stock had a trading volume of 328 shares, compared to its average volume of 7,800. PGIM S&P 500 Buffer 20 ETF – September has a 1-year low of $27.91 and a 1-year high of $31.01. The business has a fifty day moving average of $30.68 and a 200 day moving average of $29.96.

About PGIM S&P 500 Buffer 20 ETF – September

The PGIM US Large-Cap Buffer 20 ETF – September (PBSE) 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 PBSE was launched on May 14, 2024 and is issued by PGIM.