PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) Sees Significant Increase in Short Interest

PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 9,974 shares, an increase of 117.7% from the August 15th total of 4,582 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average trading volume of 2,209 shares, the short-interest ratio is presently 4.5 days.

PGIM S&P 500 Buffer 20 ETF – December Stock Performance

PBDE stock opened at $31.51 on Wednesday. The firm has a 50 day simple moving average of $31.32 and a 200 day simple moving average of $30.56. PGIM S&P 500 Buffer 20 ETF – December has a 52 week low of $28.39 and a 52 week high of $32.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Redwood Family Wealth LLC bought a new stake in PGIM S&P 500 Buffer 20 ETF – December in the fourth quarter worth $288,000. Kintra Wealth LLC increased its position in PGIM S&P 500 Buffer 20 ETF – December by 117.6% during the second quarter. Kintra Wealth LLC now owns 17,945 shares of the company’s stock worth $566,000 after buying an additional 9,700 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in PGIM S&P 500 Buffer 20 ETF – December by 59.6% during the first quarter. Royal Bank of Canada now owns 7,886 shares of the company’s stock valued at $229,000 after buying an additional 2,945 shares in the last quarter.

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

The PGIM S&P 500 Buffer 20 ETF – December (PBDE) 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. PBDE was launched on May 24, 2024 and is issued by PGIM.