PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 4,489 shares, a growth of 155.1% from the July 15th total of 1,760 shares. Based on an average daily trading volume, of 5,155 shares, the short-interest ratio is currently 0.9 days. Currently, 1.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of PGIM S&P 500 Buffer 12 ETF – September by 1,042.0% during the 1st quarter. Royal Bank of Canada now owns 3,940 shares of the company’s stock valued at $118,000 after purchasing an additional 3,595 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 12 ETF – September during the 4th quarter worth approximately $157,000. Commonwealth Equity Services LLC lifted its stake in PGIM S&P 500 Buffer 12 ETF – September by 14.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 23,160 shares of the company’s stock valued at $709,000 after purchasing an additional 2,953 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in PGIM S&P 500 Buffer 12 ETF – September in the 4th quarter valued at approximately $2,463,000.

PGIM S&P 500 Buffer 12 ETF – September Stock Up 0.1%

BATS:SEPP opened at $33.08 on Friday. The stock’s 50-day simple moving average is $32.55 and its 200 day simple moving average is $31.60. PGIM S&P 500 Buffer 12 ETF – September has a twelve month low of $28.97 and a twelve month high of $33.68.

About PGIM S&P 500 Buffer 12 ETF – September

The PGIM US Large-Cap Buffer 12 ETF – September (SEPP) 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 SEPP was launched on May 14, 2024 and is issued by PGIM.