PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Down 61.5% in April

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 4,259 shares, a decrease of 61.5% from the April 15th total of 11,053 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 15,193 shares, the short-interest ratio is presently 0.3 days.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Trading Up 0.4%

Shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF stock traded up $0.11 on Thursday, hitting $31.22. 14,452 shares of the company traded hands, compared to its average volume of 20,886. The company has a market cap of $62.75 million, a PE ratio of 30.37 and a beta of 0.66. The stock’s 50 day moving average price is $29.42 and its 200-day moving average price is $28.95. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 52 week low of $25.45 and a 52 week high of $31.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Foguth Wealth Management LLC. purchased a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 4th quarter worth approximately $12,360,000. DHJJ Financial Advisors Ltd. increased its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock valued at $141,000 after acquiring an additional 3,104 shares during the period. AssuredPartners Investment Advisors LLC raised its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 623.3% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 62,724 shares of the company’s stock worth $1,808,000 after acquiring an additional 54,052 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock worth $779,000 after purchasing an additional 2,571 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF during the fourth quarter valued at about $224,000.

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.