Short Interest in PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Rises By 50.9%

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,868 shares, an increase of 50.9% from the July 15th total of 1,238 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 4,215 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PBMR. Royal Bank of Canada raised its position in PGIM S&P 500 Buffer 20 ETF – March by 464.2% during the first quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock worth $139,000 after acquiring an additional 3,783 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter worth approximately $187,000. Cetera Investment Advisers lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – March by 31.0% during the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock worth $538,000 after buying an additional 4,203 shares in the last quarter. Blue Water Asset Management acquired a new stake in PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter worth approximately $543,000. Finally, Jim Saulnier & Associates LLC raised its stake 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 in the last quarter.

PGIM S&P 500 Buffer 20 ETF – March Stock Down 0.1%

BATS PBMR opened at $32.60 on Tuesday. The stock’s 50-day moving average is $32.16 and its 200-day moving average is $31.47. PGIM S&P 500 Buffer 20 ETF – March has a one year low of $29.27 and a one year high of $32.99.

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.