PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) Shares Shorted: Short Interest Up 110.2% in September

PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 7,927 shares, a growth of 110.2% from the August 31st total of 3,772 shares. Based on an average trading volume of 3,185 shares, the short-interest ratio is presently 2.5 days. Approximately 2.8% of the company’s shares are short sold.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – March

A hedge fund recently bought a new stake in PGIM S&P 500 Buffer 12 ETF – March stock. Royal Bank of Canada bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 9,810 shares of the company’s stock, valued at approximately $311,000. Royal Bank of Canada owned 3.50% of PGIM S&P 500 Buffer 12 ETF – March as of its most recent filing with the SEC.

PGIM S&P 500 Buffer 12 ETF – March Stock Performance

BATS:MRCP opened at $35.30 on Tuesday. The firm’s fifty day simple moving average is $34.98 and its 200 day simple moving average is $34.02. PGIM S&P 500 Buffer 12 ETF – March has a twelve month low of $30.85 and a twelve month high of $35.43.

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

The PGIM US Large-Cap Buffer 12 ETF – March (MRCP) 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. MRCP was launched on Feb 29, 2024 and is issued by PGIM.