PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) Sees Significant Increase in Short Interest

PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 6,163 shares, a growth of 1,062.8% from the April 30th total of 530 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 10,796 shares, the days-to-cover ratio is presently 0.6 days.

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

Several institutional investors have recently modified their holdings of the stock. DHJJ Financial Advisors Ltd. grew its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 24.5% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 2,079 shares of the company’s stock worth $61,000 after buying an additional 409 shares during the period. Cetera Investment Advisers grew its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 4.1% during the 4th quarter. Cetera Investment Advisers now owns 19,908 shares of the company’s stock worth $587,000 after buying an additional 784 shares during the period. Royal Bank of Canada grew its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 59.6% during the 1st quarter. Royal Bank of Canada now owns 7,886 shares of the company’s stock worth $229,000 after buying an additional 2,945 shares during the period. Grantvest Financial Group LLC grew its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 47.1% during the 4th quarter. Grantvest Financial Group LLC now owns 14,765 shares of the company’s stock worth $435,000 after buying an additional 4,728 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – December during the 4th quarter worth about $201,000.

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

Shares of PGIM S&P 500 Buffer 20 ETF – December stock remained flat at $30.80 during trading on Wednesday. The stock had a trading volume of 2,843 shares, compared to its average volume of 4,297. PGIM S&P 500 Buffer 20 ETF – December has a 52 week low of $26.60 and a 52 week high of $31.31. The stock has a fifty day moving average price of $29.90 and a two-hundred day moving average price of $29.58.

About PGIM S&P 500 Buffer 20 ETF – December

The PGIM S&P 500 Buffer 20 ETF – December (PBDE) 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. PBDE was launched on May 24, 2024 and is issued by PGIM.