PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) Sees Large Decline in Short Interest

PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 3,620 shares, a decrease of 65.9% from the June 30th total of 10,606 shares. Based on an average trading volume of 12,006 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.1% of the company’s shares are sold short.

PGIM S&P 500 Buffer 20 ETF – October Trading Up 0.1%

PGIM S&P 500 Buffer 20 ETF – October stock opened at $30.74 on Tuesday. PGIM S&P 500 Buffer 20 ETF – October has a fifty-two week low of $27.82 and a fifty-two week high of $30.97. The firm has a 50 day moving average price of $30.57 and a 200 day moving average price of $29.81.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – October

Several hedge funds have recently bought and sold shares of PBOC. Spire Wealth Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – October in the 4th quarter valued at about $3,269,000. Commonwealth Equity Services LLC lifted its holdings in PGIM S&P 500 Buffer 20 ETF – October by 256.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 89,238 shares of the company’s stock worth $2,603,000 after buying an additional 64,168 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – October during the 4th quarter worth approximately $432,000. Royal Bank of Canada purchased a new position in PGIM S&P 500 Buffer 20 ETF – October in the 1st quarter valued at approximately $313,000. Finally, Raymond James Financial Inc. purchased a new position in PGIM S&P 500 Buffer 20 ETF – October in the 3rd quarter valued at approximately $231,000.

About PGIM S&P 500 Buffer 20 ETF – October

The PGIM US Large-Cap Buffer 20 ETF – October (PBOC) 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. PBOC was launched on May 16, 2024 and is issued by PGIM.