PGIM S&P 500 Buffer 20 ETF – May (BATS:PBMY) Short Interest Down 42.5% in May

PGIM S&P 500 Buffer 20 ETF – May (BATS:PBMY) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 19,229 shares, a decrease of 42.5% from the May 14th total of 33,450 shares. Currently, 4.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,246 shares, the days-to-cover ratio is presently 1.6 days.

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

Shares of PGIM S&P 500 Buffer 20 ETF – May stock opened at $31.01 on Monday. PGIM S&P 500 Buffer 20 ETF – May has a 1-year low of $28.31 and a 1-year high of $31.48. The firm’s 50-day moving average price is $30.80 and its two-hundred day moving average price is $30.33.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – May

An institutional investor recently bought a new position in PGIM S&P 500 Buffer 20 ETF – May stock. Blue Water Asset Management acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – May (BATS:PBMY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,399 shares of the company’s stock, valued at approximately $282,000. Blue Water Asset Management owned about 2.04% of PGIM S&P 500 Buffer 20 ETF – May at the end of the most recent quarter.

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

The PGIM S&P 500 Buffer 20 ETF – May (PBMY) 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. PBMY was launched on May 1, 2024 and is issued by PGIM.