PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 10,639 shares, an increase of 141.7% from the July 30th total of 4,401 shares. Currently, 3.8% of the company’s shares are short sold. Based on an average daily trading volume, of 3,941 shares, the days-to-cover ratio is currently 2.7 days.

PGIM S&P 500 Buffer 12 ETF – February Trading Down 0.1%

BATS:FEBP opened at $34.85 on Friday. The company has a fifty day moving average of $34.28 and a 200-day moving average of $33.26. PGIM S&P 500 Buffer 12 ETF – February has a twelve month low of $30.17 and a twelve month high of $34.87.

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

Several hedge funds and other institutional investors have recently bought and sold shares of FEBP. Cetera Investment Advisers acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – February during the first quarter valued at about $447,000. Kestra Advisory Services LLC boosted its position in shares of PGIM S&P 500 Buffer 12 ETF – February by 113.8% during the 1st quarter. Kestra Advisory Services LLC now owns 8,068 shares of the company’s stock worth $252,000 after purchasing an additional 4,295 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of PGIM S&P 500 Buffer 12 ETF – February by 18.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after buying an additional 2,739 shares during the period.

About PGIM S&P 500 Buffer 12 ETF – February

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.