PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Short Interest Down 83.5% in April

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,242 shares, a decline of 83.5% from the April 15th total of 13,590 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 3,420 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Blue Water Asset Management purchased a new position in PGIM S&P 500 Buffer 20 ETF – February during the 4th quarter valued at about $349,000. Kestra Advisory Services LLC grew its holdings in PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the 1st quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock valued at $927,000 after buying an additional 12,763 shares in the last quarter. American Asset Management Inc. grew its holdings in PGIM S&P 500 Buffer 20 ETF – February by 551.9% during the 1st quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock valued at $2,527,000 after buying an additional 71,215 shares in the last quarter. Finally, Jim Saulnier & Associates LLC boosted its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% during the 1st quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock valued at $2,816,000 after acquiring an additional 45,460 shares during the last quarter.

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

BATS PBFB opened at $31.60 on Tuesday. PGIM S&P 500 Buffer 20 ETF – February has a one year low of $27.64 and a one year high of $31.79. The business’s fifty day moving average is $30.65 and its 200-day moving average is $30.43.

PGIM S&P 500 Buffer 20 ETF – February Company Profile

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.