Short Interest in PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Declines By 59.1%

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,512 shares, a decline of 59.1% from the April 15th total of 6,140 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,222 shares, the days-to-cover ratio is currently 0.6 days.

PGIM S&P 500 Buffer 20 ETF – March Trading Up 0.1%

Shares of BATS:PBMR opened at $31.84 on Friday. PGIM S&P 500 Buffer 20 ETF – March has a 52-week low of $27.91 and a 52-week high of $32.08. The company has a fifty day moving average of $30.95 and a 200-day moving average of $30.60.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PBMR. Jim Saulnier & Associates LLC raised its position in PGIM S&P 500 Buffer 20 ETF – March by 30.4% in the first quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock valued at $2,874,000 after purchasing an additional 22,071 shares during the last quarter. Blue Water Asset Management bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter worth about $543,000. Kestra Advisory Services LLC bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter worth about $187,000. Finally, Cetera Investment Advisers increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – March by 31.0% in the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock valued at $538,000 after buying an additional 4,203 shares during the period.

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

The PGIM US Large-Cap Buffer 20 ETF – March (PBMR) 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. PBMR was launched on Feb 29, 2024 and is issued by PGIM.