Prudential Public Limited Company (NYSE:PUK) Short Interest Down 42.2% in June

Prudential Public Limited Company (NYSE:PUK) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 789,897 shares, a decline of 42.2% from the June 15th total of 1,366,323 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,090,722 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on PUK shares. Jefferies Financial Group cut shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th. Finally, Zacks Research raised Prudential Public from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Prudential Public currently has an average rating of “Moderate Buy”.

Hedge Funds Weigh In On Prudential Public

A number of large investors have recently bought and sold shares of the company. Manchester Capital Management LLC boosted its holdings in Prudential Public by 1,103.0% during the fourth quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 728 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Prudential Public in the 4th quarter valued at about $29,000. Larson Financial Group LLC boosted its stake in shares of Prudential Public by 626.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 1,429 shares during the period. Allworth Financial LP raised its stake in Prudential Public by 47.0% in the 4th quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 480 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Prudential Public by 2,583.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,549 shares of the financial services provider’s stock valued at $79,000 after purchasing an additional 2,454 shares during the last quarter. Institutional investors and hedge funds own 1.90% of the company’s stock.

Prudential Public Price Performance

Shares of NYSE PUK traded down $0.48 during mid-day trading on Thursday, reaching $28.60. 924,316 shares of the company’s stock were exchanged, compared to its average volume of 997,255. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21. Prudential Public has a twelve month low of $24.40 and a twelve month high of $34.03. The business has a fifty day simple moving average of $28.36 and a 200 day simple moving average of $29.88.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.