PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Short Interest Down 56.0% in May

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 15,073 shares, a decrease of 56.0% from the May 14th total of 34,240 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,534 shares, the short-interest ratio is presently 4.3 days.

PGIM S&P 500 Buffer 20 ETF – April Stock Up 0.1%

BATS:PBAP opened at $30.86 on Friday. The company has a 50-day moving average price of $30.56 and a 200-day moving average price of $29.59. PGIM S&P 500 Buffer 20 ETF – April has a 12 month low of $27.29 and a 12 month high of $31.89.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – April during the 4th quarter valued at approximately $839,000. Citadel Advisors LLC purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – April in the third quarter valued at $410,000. Finally, Cetera Investment Advisers lifted its position in PGIM S&P 500 Buffer 20 ETF – April by 23.5% during the second quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock worth $347,000 after buying an additional 2,378 shares during the period.

About PGIM S&P 500 Buffer 20 ETF – April

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.