PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Update

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 28,782 shares, an increase of 157.1% from the May 14th total of 11,197 shares. Currently, 1.4% of the company’s shares are short sold. Based on an average trading volume of 22,075 shares, the days-to-cover ratio is currently 1.3 days.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Performance

Shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF stock traded up $0.07 during midday trading on Friday, reaching $31.25. 12,004 shares of the company’s stock traded hands, compared to its average volume of 20,410. The company has a market cap of $62.81 million, a PE ratio of 30.37 and a beta of 0.64. The stock has a 50 day moving average of $30.55 and a 200-day moving average of $29.39. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 12 month low of $25.97 and a 12 month high of $31.70.

Hedge Funds Weigh In On PGIM Laddered Nasdaq-100 Buffer 12 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. DHJJ Financial Advisors Ltd. raised its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock valued at $141,000 after acquiring an additional 3,104 shares in the last quarter. Red Crane Wealth Management LLC bought a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the first quarter valued at approximately $201,000. Cetera Investment Advisers bought a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the fourth quarter valued at approximately $224,000. OLD Mission Capital LLC bought a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the fourth quarter valued at approximately $414,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock valued at $779,000 after acquiring an additional 2,571 shares in the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Company Profile

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.