PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 6,163 shares, an increase of 1,062.8% from the April 30th total of 530 shares. Based on an average daily volume of 10,796 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are sold short.

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

BATS:PBDE opened at $30.80 on Thursday. PGIM S&P 500 Buffer 20 ETF – December has a 1 year low of $26.60 and a 1 year high of $31.31. The business has a fifty day moving average of $29.93 and a 200-day moving average of $29.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – December in the second quarter valued at $12,459,000. Spire Wealth Management acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – December in the fourth quarter valued at $2,861,000. Blue Water Asset Management acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – December in the fourth quarter valued at $2,073,000. Commonwealth Equity Services LLC lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – December by 229.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 55,784 shares of the company’s stock valued at $1,644,000 after buying an additional 38,852 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – December by 81.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 37,022 shares of the company’s stock valued at $1,091,000 after buying an additional 16,607 shares during the period.

About PGIM S&P 500 Buffer 20 ETF – December

The PGIM S&P 500 Buffer 20 ETF – December (PBDE) 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. PBDE was launched on May 24, 2024 and is issued by PGIM.