PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) Sees Significant Increase in Short Interest

PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 52,432 shares, a growth of 116.3% from the May 14th total of 24,240 shares. Based on an average daily trading volume, of 25,750 shares, the short-interest ratio is currently 2.0 days. Approximately 2.7% of the shares of the company are sold short.

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

Several large investors have recently added to or reduced their stakes in the stock. Long Island Wealth Management Inc. increased its position in PGIM Laddered S&P 500 Buffer 20 ETF by 1.6% in the fourth quarter. Long Island Wealth Management Inc. now owns 35,977 shares of the company’s stock worth $1,051,000 after buying an additional 560 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 14.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,303 shares of the company’s stock valued at $272,000 after purchasing an additional 1,203 shares during the period. Compass Advisory Group LLC increased its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 11.9% during the third quarter. Compass Advisory Group LLC now owns 13,447 shares of the company’s stock valued at $385,000 after purchasing an additional 1,425 shares during the period. Advisory Services Network LLC acquired a new position in shares of PGIM Laddered S&P 500 Buffer 20 ETF during the third quarter valued at $44,000. Finally, DHJJ Financial Advisors Ltd. increased its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 14.4% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 24,697 shares of the company’s stock valued at $722,000 after purchasing an additional 3,115 shares during the period.

PGIM Laddered S&P 500 Buffer 20 ETF Stock Up 0.2%

Shares of BATS PBFR opened at $30.47 on Friday. PGIM Laddered S&P 500 Buffer 20 ETF has a 1-year low of $27.06 and a 1-year high of $33.45. The business’s fifty day moving average price is $30.12 and its two-hundred day moving average price is $29.52.

About PGIM Laddered S&P 500 Buffer 20 ETF

The PGIM Laddered Fund of Buffer 20 ETF (PBFR) 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 PGIM US Large-Cap Buffer 20 ETFs. PBFR was launched on Jun 11, 2024 and is issued by PGIM.