PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Sees Significant Decline in Short Interest

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,190 shares, a decrease of 91.5% from the April 30th total of 13,934 shares. Based on an average daily trading volume, of 5,668 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – November

Several institutional investors have recently bought and sold shares of NOVP. Commonwealth Equity Services LLC grew its holdings in PGIM S&P 500 Buffer 12 ETF – November by 199.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 35,162 shares of the company’s stock worth $1,070,000 after buying an additional 23,415 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth $668,000. Maltin Wealth Management Inc. bought a new stake in PGIM S&P 500 Buffer 12 ETF – November during the first quarter worth $495,000. Steward Partners Investment Advisory LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth $391,000. Finally, Royal Bank of Canada grew its holdings in PGIM S&P 500 Buffer 12 ETF – November by 88.5% during the fourth quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock worth $221,000 after buying an additional 3,410 shares in the last quarter.

PGIM S&P 500 Buffer 12 ETF – November Trading Up 0.0%

Shares of PGIM S&P 500 Buffer 12 ETF – November stock opened at $32.42 on Thursday. The stock has a fifty day simple moving average of $31.02 and a 200 day simple moving average of $30.62. PGIM S&P 500 Buffer 12 ETF – November has a 12-month low of $27.57 and a 12-month high of $32.43.

About PGIM S&P 500 Buffer 12 ETF – November

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.