PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYPGet Free Report) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 25,035 shares, an increase of 238.5% from the May 14th total of 7,395 shares. Based on an average trading volume of 9,069 shares, the short-interest ratio is presently 2.8 days. Currently, 9.3% of the shares of the company are sold short.

PGIM S&P 500 Buffer 12 ETF – May Stock Up 0.3%

MAYP stock opened at $32.24 on Friday. PGIM S&P 500 Buffer 12 ETF – May has a 12 month low of $28.66 and a 12 month high of $32.57. The firm’s fifty day simple moving average is $31.93 and its 200-day simple moving average is $31.30.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – May

A hedge fund recently raised its stake in PGIM S&P 500 Buffer 12 ETF – May stock. Commonwealth Equity Services LLC lifted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYPFree Report) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,699 shares of the company’s stock after acquiring an additional 2,560 shares during the period. Commonwealth Equity Services LLC owned 15.07% of PGIM S&P 500 Buffer 12 ETF – May worth $1,258,000 at the end of the most recent reporting period.

PGIM S&P 500 Buffer 12 ETF – May Company Profile

(Get Free Report)

The PGIM S&P 500 Buffer 12 ETF – May (MAYP) 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. MAYP was launched on May 1, 2024 and is issued by PGIM.

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