PGIM S&P 500 Buffer 20 ETF – May (BATS:PBMY) Short Interest Down 39.0% in August

PGIM S&P 500 Buffer 20 ETF – May (BATS:PBMY) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 11,995 shares, a decrease of 39.0% from the August 15th total of 19,679 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 2,439 shares, the short-interest ratio is presently 4.9 days.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – May

A number of large investors have recently added to or reduced their stakes in PBMY. Kintra Wealth LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – May during the 2nd quarter valued at $573,000. Jim Saulnier & Associates LLC boosted its position in PGIM S&P 500 Buffer 20 ETF – May by 55.3% during the second quarter. Jim Saulnier & Associates LLC now owns 154,475 shares of the company’s stock worth $4,816,000 after purchasing an additional 54,997 shares during the period. Finally, American Asset Management Inc. acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – May in the second quarter valued at $5,890,000.

PGIM S&P 500 Buffer 20 ETF – May Stock Down 0.2%

PBMY opened at $31.62 on Wednesday. PGIM S&P 500 Buffer 20 ETF – May has a 12-month low of $29.27 and a 12-month high of $31.83. The business has a 50 day moving average of $31.50 and a 200-day moving average of $30.97.

About PGIM S&P 500 Buffer 20 ETF – May

The PGIM S&P 500 Buffer 20 ETF – May (PBMY) 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. PBMY was launched on May 1, 2024 and is issued by PGIM.