PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) Short Interest Down 57.4% in May

PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 4,923 shares, a decrease of 57.4% from the May 14th total of 11,559 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,241 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – August

Several institutional investors have recently bought and sold shares of PBAU. Royal Bank of Canada purchased a new stake in PGIM S&P 500 Buffer 20 ETF – August during the 1st quarter valued at about $227,000. Blue Water Asset Management purchased a new stake in PGIM S&P 500 Buffer 20 ETF – August during the 4th quarter valued at about $314,000. Kestra Private Wealth Services LLC purchased a new stake in PGIM S&P 500 Buffer 20 ETF – August during the 3rd quarter valued at about $412,000. Finally, Spire Wealth Management grew its position in PGIM S&P 500 Buffer 20 ETF – August by 2.7% during the 4th quarter. Spire Wealth Management now owns 79,574 shares of the company’s stock valued at $2,384,000 after purchasing an additional 2,082 shares during the last quarter.

PGIM S&P 500 Buffer 20 ETF – August Stock Up 0.2%

BATS:PBAU opened at $31.24 on Friday. The firm’s 50-day moving average price is $30.85 and its 200-day moving average price is $30.26. PGIM S&P 500 Buffer 20 ETF – August has a 1-year low of $27.53 and a 1-year high of $32.21.

About PGIM S&P 500 Buffer 20 ETF – August

The PGIM S&P 500 Buffer 20 ETF – August (PBAU) 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 PBAU was launched on May 7, 2024 and is issued by PGIM.