Short Interest in PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Declines By 69.0%

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 1,032 shares, a decrease of 69.0% from the June 15th total of 3,330 shares. Based on an average daily trading volume, of 3,055 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

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

Shares of BATS:PBFB opened at $32.08 on Monday. The company’s fifty day moving average price is $31.76 and its 200 day moving average price is $30.98. PGIM S&P 500 Buffer 20 ETF – February has a 12 month low of $28.71 and a 12 month high of $32.79.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in PBFB. Jim Saulnier & Associates LLC lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% in the 1st quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock valued at $2,816,000 after purchasing an additional 45,460 shares during the last quarter. Blue Water Asset Management purchased a new stake in PGIM S&P 500 Buffer 20 ETF – February in the fourth quarter valued at approximately $349,000. Cetera Investment Advisers lifted its stake in PGIM S&P 500 Buffer 20 ETF – February by 34.9% in the first quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock valued at $692,000 after buying an additional 5,957 shares during the last quarter. Royal Bank of Canada purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – February during the first quarter worth approximately $231,000. Finally, Kestra Advisory Services LLC grew its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after acquiring an additional 12,763 shares during the last quarter.

About PGIM S&P 500 Buffer 20 ETF – February

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.