PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,276 shares, a decrease of 59.9% from the May 14th total of 3,180 shares. Based on an average daily volume of 4,405 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are sold short.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its stake in shares of PGIM S&P 500 Buffer 12 ETF – March by 224.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the company’s stock worth $63,000 after acquiring an additional 1,382 shares in the last quarter. Royal Bank of Canada purchased a new position in PGIM S&P 500 Buffer 12 ETF – March in the 1st quarter valued at approximately $311,000. Finally, Commonwealth Equity Services LLC increased its stake in PGIM S&P 500 Buffer 12 ETF – March by 6.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 45,791 shares of the company’s stock valued at $1,466,000 after purchasing an additional 2,840 shares in the last quarter.

PGIM S&P 500 Buffer 12 ETF – March Stock Up 0.2%

Shares of BATS MRCP traded up $0.08 during midday trading on Friday, hitting $34.14. The company had a trading volume of 2,232 shares, compared to its average volume of 4,662. PGIM S&P 500 Buffer 12 ETF – March has a twelve month low of $29.08 and a twelve month high of $34.42. The business has a 50-day simple moving average of $33.61 and a two-hundred day simple moving average of $32.61.

PGIM S&P 500 Buffer 12 ETF – March Company Profile

The PGIM US Large-Cap Buffer 12 ETF – March (MRCP) 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. MRCP was launched on Feb 29, 2024 and is issued by PGIM.