PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Short Interest Up 1,256.4% in May

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,513 shares, an increase of 1,256.4% from the May 14th total of 259 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average trading volume of 6,902 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – February

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Commonwealth Equity Services LLC boosted its stake in shares of PGIM S&P 500 Buffer 12 ETF – February by 18.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after purchasing an additional 2,739 shares in the last quarter. Cetera Investment Advisers purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – February in the first quarter worth $447,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of PGIM S&P 500 Buffer 12 ETF – February by 113.8% in the first quarter. Kestra Advisory Services LLC now owns 8,068 shares of the company’s stock worth $252,000 after buying an additional 4,295 shares during the last quarter.

PGIM S&P 500 Buffer 12 ETF – February Stock Performance

Shares of BATS:FEBP traded down $0.06 during trading on Tuesday, reaching $33.69. 335 shares of the company were exchanged, compared to its average volume of 5,663. The business’s fifty day simple moving average is $33.09 and its 200-day simple moving average is $32.31. PGIM S&P 500 Buffer 12 ETF – February has a 12-month low of $28.71 and a 12-month high of $34.11.

PGIM S&P 500 Buffer 12 ETF – February Company Profile

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.