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

PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 24,380 shares, a growth of 84.6% from the May 14th total of 13,208 shares. Currently, 5.5% of the company’s shares are sold short. Based on an average daily volume of 7,545 shares, the days-to-cover ratio is presently 3.2 days.

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

A number of large investors have recently bought and sold shares of the stock. Foguth Wealth Management LLC. grew its stake in shares of PGIM S&P 500 Buffer 20 ETF – July by 0.7% during the 1st quarter. Foguth Wealth Management LLC. now owns 434,444 shares of the company’s stock valued at $13,531,000 after buying an additional 3,094 shares during the period. Advisory Services Network LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – July in the 3rd quarter worth $133,000. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – July in the 4th quarter worth $335,000. Centaurus Financial Inc. boosted its holdings in PGIM S&P 500 Buffer 20 ETF – July by 53.9% in the third quarter. Centaurus Financial Inc. now owns 70,210 shares of the company’s stock valued at $2,065,000 after acquiring an additional 24,599 shares during the last quarter. Finally, Compass Advisory Group LLC grew its position in PGIM S&P 500 Buffer 20 ETF – July by 31.2% during the fourth quarter. Compass Advisory Group LLC now owns 145,889 shares of the company’s stock valued at $4,372,000 after acquiring an additional 34,689 shares during the period.

PGIM S&P 500 Buffer 20 ETF – July Trading Up 0.1%

Shares of PBJL stock opened at $31.22 on Tuesday. The firm’s 50-day simple moving average is $30.85 and its 200-day simple moving average is $30.26. PGIM S&P 500 Buffer 20 ETF – July has a 1-year low of $27.65 and a 1-year high of $32.15.

About PGIM S&P 500 Buffer 20 ETF – July

The PGIM S&P 500 Buffer 20 ETF – July (PBJL) 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. PBJL was launched on May 7, 2024 and is issued by PGIM.