Short Interest in PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Expands By 12,677.8%

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,600 shares, an increase of 12,677.8% from the May 31st total of 36 shares. Currently, 2.4% of the shares of the stock are sold short. Based on an average daily volume of 3,272 shares, the days-to-cover ratio is currently 1.4 days.

PGIM S&P 500 Buffer 12 ETF – November Price Performance

BATS NOVP traded down $0.06 during trading on Thursday, reaching $32.17. The company’s stock had a trading volume of 110 shares, compared to its average volume of 4,959. PGIM S&P 500 Buffer 12 ETF – November has a one year low of $28.36 and a one year high of $32.64. The firm has a fifty day moving average of $32.03 and a 200 day moving average of $30.96.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – November

Several hedge funds and other institutional investors have recently bought and sold shares of NOVP. Spire Wealth Management bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – November during the 4th quarter valued at $42,000. DHJJ Financial Advisors Ltd. purchased a new stake in PGIM S&P 500 Buffer 12 ETF – November during the 4th quarter valued at $56,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth about $391,000. Commonwealth Equity Services LLC increased its holdings in PGIM S&P 500 Buffer 12 ETF – November by 199.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 35,162 shares of the company’s stock valued at $1,070,000 after purchasing an additional 23,415 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in PGIM S&P 500 Buffer 12 ETF – November in the 4th quarter worth approximately $668,000.

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

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.