Short Interest in PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Grows By 222.7%

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 3,330 shares, an increase of 222.7% from the May 31st total of 1,032 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 3,149 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers increased its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 34.9% in the first quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock valued at $692,000 after acquiring an additional 5,957 shares during the last quarter. Royal Bank of Canada bought a new stake in PGIM S&P 500 Buffer 20 ETF – February during the first quarter worth $231,000. Blue Water Asset Management acquired a new stake in PGIM S&P 500 Buffer 20 ETF – February in the fourth quarter valued at $349,000. Kestra Advisory Services LLC lifted its stake in PGIM S&P 500 Buffer 20 ETF – February by 70.6% in the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock valued at $927,000 after acquiring an additional 12,763 shares during the last quarter. Finally, Jim Saulnier & Associates LLC grew its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% in the 1st quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock valued at $2,816,000 after acquiring an additional 45,460 shares during the period.

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

Shares of PBFB stock opened at $31.73 on Friday. PGIM S&P 500 Buffer 20 ETF – February has a 12-month low of $28.54 and a 12-month high of $32.79. The firm has a fifty day moving average of $31.61 and a 200-day moving average of $30.86.

About PGIM S&P 500 Buffer 20 ETF – February

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.