PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) Short Interest Update

PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 52,432 shares, an increase of 116.3% from the May 14th total of 24,240 shares. Based on an average daily trading volume, of 25,750 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.7% of the company’s shares are sold short.

PGIM Laddered S&P 500 Buffer 20 ETF Trading Up 0.2%

Shares of BATS PBFR opened at $30.47 on Friday. The business’s 50 day moving average price is $30.12 and its 200-day moving average price is $29.52. PGIM Laddered S&P 500 Buffer 20 ETF has a fifty-two week low of $27.06 and a fifty-two week high of $33.45.

Institutional Investors Weigh In On PGIM Laddered S&P 500 Buffer 20 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Long Island Wealth Management Inc. raised its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 1.6% in the fourth quarter. Long Island Wealth Management Inc. now owns 35,977 shares of the company’s stock worth $1,051,000 after buying an additional 560 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 14.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,303 shares of the company’s stock worth $272,000 after buying an additional 1,203 shares during the period. Compass Advisory Group LLC raised its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 11.9% in the third quarter. Compass Advisory Group LLC now owns 13,447 shares of the company’s stock worth $385,000 after buying an additional 1,425 shares during the period. Advisory Services Network LLC purchased a new stake in shares of PGIM Laddered S&P 500 Buffer 20 ETF in the third quarter worth approximately $44,000. Finally, DHJJ Financial Advisors Ltd. raised its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 14.4% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 24,697 shares of the company’s stock worth $722,000 after buying an additional 3,115 shares during the period.

About PGIM Laddered S&P 500 Buffer 20 ETF

The PGIM Laddered Fund of Buffer 20 ETF (PBFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of PGIM US Large-Cap Buffer 20 ETFs. PBFR was launched on Jun 11, 2024 and is issued by PGIM.