PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) Sees Significant Decline in Short Interest

PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 2,149 shares, a drop of 46.4% from the July 30th total of 4,007 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 8,602 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – October

A number of institutional investors and hedge funds have recently modified their holdings of PBOC. Royal Bank of Canada lifted its stake in shares of PGIM S&P 500 Buffer 20 ETF – October by 122.6% in the 1st quarter. Royal Bank of Canada now owns 17,288 shares of the company’s stock valued at $453,000 after purchasing an additional 9,522 shares during the period. Raymond James Financial Inc. acquired a new position in PGIM S&P 500 Buffer 20 ETF – October in the third quarter valued at about $231,000. PNC Financial Services Group Inc. grew its stake in PGIM S&P 500 Buffer 20 ETF – October by 185.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,008 shares of the company’s stock valued at $88,000 after acquiring an additional 1,956 shares during the period. Harbour Investments Inc. bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – October in the fourth quarter worth about $44,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of PGIM S&P 500 Buffer 20 ETF – October by 256.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 89,238 shares of the company’s stock worth $2,603,000 after acquiring an additional 64,168 shares in the last quarter.

PGIM S&P 500 Buffer 20 ETF – October Stock Down 0.1%

Shares of BATS PBOC opened at $31.22 on Friday. PGIM S&P 500 Buffer 20 ETF – October has a 1-year low of $28.27 and a 1-year high of $31.27. The company has a 50-day moving average of $30.85 and a two-hundred day moving average of $30.10.

PGIM S&P 500 Buffer 20 ETF – October Company Profile

The PGIM US Large-Cap Buffer 20 ETF – October (PBOC) 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. PBOC was launched on May 16, 2024 and is issued by PGIM.