PGIM S&P 500 Buffer 12 ETF – June (BATS:JUNP) Sees Significant Drop in Short Interest

PGIM S&P 500 Buffer 12 ETF – June (BATS:JUNP) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 7,685 shares, a decrease of 52.0% from the June 30th total of 16,024 shares. Based on an average daily trading volume, of 142,198 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.6% of the company’s stock are sold short.

PGIM S&P 500 Buffer 12 ETF – June Trading Down 1.0%

Shares of JUNP opened at $31.24 on Thursday. The stock has a 50 day moving average of $31.57 and a 200-day moving average of $31.14. PGIM S&P 500 Buffer 12 ETF – June has a 52 week low of $28.85 and a 52 week high of $31.88.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – June

A number of hedge funds have recently added to or reduced their stakes in the business. Foguth Wealth Management LLC. increased its stake in PGIM S&P 500 Buffer 12 ETF – June by 1.7% during the first quarter. Foguth Wealth Management LLC. now owns 397,806 shares of the company’s stock valued at $12,650,000 after purchasing an additional 6,474 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of PGIM S&P 500 Buffer 12 ETF – June by 9.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 33,106 shares of the company’s stock worth $1,012,000 after buying an additional 2,987 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – June by 2,874.5% in the 1st quarter. Royal Bank of Canada now owns 12,136 shares of the company’s stock valued at $368,000 after buying an additional 11,728 shares during the period. Cetera Investment Advisers boosted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – June by 31.1% in the 2nd quarter. Cetera Investment Advisers now owns 11,498 shares of the company’s stock valued at $330,000 after buying an additional 2,725 shares during the period. Finally, Kestra Advisory Services LLC bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – June during the 4th quarter valued at about $67,000.

PGIM S&P 500 Buffer 12 ETF – June Company Profile

The PGIM US Large-Cap Buffer 12 ETF – June (JUNP) 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 JUNP was launched on May 31, 2024 and is issued by PGIM.