PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,242 shares, a decrease of 83.5% from the April 15th total of 13,590 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 3,420 shares, the days-to-cover ratio is currently 0.7 days.

PGIM S&P 500 Buffer 20 ETF – February Stock Performance

PBFB stock traded down $0.01 during midday trading on Wednesday, reaching $31.60. The company had a trading volume of 24,130 shares, compared to its average volume of 10,505. The stock has a 50 day moving average price of $30.67 and a 200 day moving average price of $30.44. PGIM S&P 500 Buffer 20 ETF – February has a fifty-two week low of $27.64 and a fifty-two week high of $31.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American Asset Management Inc. increased its position in PGIM S&P 500 Buffer 20 ETF – February by 551.9% in the first quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock worth $2,527,000 after buying an additional 71,215 shares during the period. Jim Saulnier & Associates LLC boosted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% during the first quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock valued at $2,816,000 after acquiring an additional 45,460 shares during the period. Kestra Advisory Services LLC grew its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after acquiring an additional 12,763 shares during the last quarter. Finally, Blue Water Asset Management acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – February in the 4th quarter worth about $349,000.

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

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.