PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 3,274 shares, an increase of 92.9% from the June 15th total of 1,697 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 3,984 shares, the days-to-cover ratio is currently 0.8 days.

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

A number of large investors have recently modified their holdings of SEPP. Commonwealth Equity Services LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – September by 14.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 23,160 shares of the company’s stock worth $709,000 after buying an additional 2,953 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of PGIM S&P 500 Buffer 12 ETF – September by 1,042.0% in the 1st quarter. Royal Bank of Canada now owns 3,940 shares of the company’s stock valued at $118,000 after purchasing an additional 3,595 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – September during the fourth quarter valued at approximately $157,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – September during the fourth quarter valued at approximately $2,463,000.

PGIM S&P 500 Buffer 12 ETF – September Stock Down 0.5%

Shares of SEPP stock opened at $32.52 on Friday. The stock has a fifty day moving average of $32.32 and a 200 day moving average of $31.32. PGIM S&P 500 Buffer 12 ETF – September has a 52 week low of $28.47 and a 52 week high of $33.68.

About PGIM S&P 500 Buffer 12 ETF – September

The PGIM US Large-Cap Buffer 12 ETF – September (SEPP) 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 SEPP was launched on May 14, 2024 and is issued by PGIM.