PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Short Interest Up 3,537.2% in July

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,401 shares, a growth of 3,537.2% from the July 15th total of 121 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 5,166 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FEBP. Kestra Advisory Services LLC bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – February in the 4th quarter worth approximately $120,000. Cetera Investment Advisers bought a new position in PGIM S&P 500 Buffer 12 ETF – February during the first quarter valued at $447,000. Finally, Commonwealth Equity Services LLC increased its position in PGIM S&P 500 Buffer 12 ETF – February by 18.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock worth $573,000 after buying an additional 2,739 shares during the last quarter.

PGIM S&P 500 Buffer 12 ETF – February Price Performance

FEBP traded down $0.04 during trading on Tuesday, hitting $34.68. 1,760 shares of the company traded hands, compared to its average volume of 4,980. The stock’s fifty day moving average is $34.03 and its 200 day moving average is $33.02. PGIM S&P 500 Buffer 12 ETF – February has a one year low of $29.99 and a one year high of $34.76.

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

The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.