Short Interest in PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Increases By 1,237.1%

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 22,369 shares, an increase of 1,237.1% from the August 15th total of 1,673 shares. Approximately 11.8% of the shares of the company are short sold. Based on an average daily trading volume, of 4,773 shares, the days-to-cover ratio is currently 4.7 days.

PGIM S&P 500 Buffer 12 ETF – November Stock Down 0.4%

PGIM S&P 500 Buffer 12 ETF – November stock opened at $33.16 on Friday. The business’s 50-day moving average price is $33.02 and its 200 day moving average price is $31.90. PGIM S&P 500 Buffer 12 ETF – November has a 52 week low of $29.08 and a 52 week high of $33.55.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – November

A number of institutional investors and hedge funds have recently made changes to their positions in NOVP. Royal Bank of Canada boosted its holdings in PGIM S&P 500 Buffer 12 ETF – November by 88.5% in the 4th quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock worth $221,000 after buying an additional 3,410 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new position in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth approximately $391,000. Maltin Wealth Management Inc. acquired a new position in PGIM S&P 500 Buffer 12 ETF – November during the first quarter worth $495,000. Kestra Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth $668,000. Finally, Commonwealth Equity Services LLC grew its holdings in PGIM S&P 500 Buffer 12 ETF – November by 199.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 35,162 shares of the company’s stock valued at $1,070,000 after buying an additional 23,415 shares in the last quarter.

PGIM S&P 500 Buffer 12 ETF – November Company Profile

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.