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

PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 9,974 shares, an increase of 117.7% from the August 15th total of 4,582 shares. Based on an average daily trading volume, of 2,209 shares, the days-to-cover ratio is presently 4.5 days. Approximately 0.9% of the shares of the stock are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBDE. Royal Bank of Canada grew its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 59.6% during the 1st quarter. Royal Bank of Canada now owns 7,886 shares of the company’s stock worth $229,000 after buying an additional 2,945 shares during the period. Redwood Family Wealth LLC acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – December in the 4th quarter valued at approximately $288,000. Finally, Kintra Wealth LLC raised its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 117.6% in the 2nd quarter. Kintra Wealth LLC now owns 17,945 shares of the company’s stock valued at $566,000 after acquiring an additional 9,700 shares during the period.

PGIM S&P 500 Buffer 20 ETF – December Price Performance

BATS PBDE opened at $31.55 on Tuesday. The stock has a fifty day moving average of $31.31 and a 200-day moving average of $30.55. PGIM S&P 500 Buffer 20 ETF – December has a 52 week low of $28.39 and a 52 week high of $32.11.

About PGIM S&P 500 Buffer 20 ETF – December

The PGIM S&P 500 Buffer 20 ETF – December (PBDE) 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. PBDE was launched on May 24, 2024 and is issued by PGIM.