PGIM S&P 500 Buffer 12 ETF – June (BATS:JUNP) Sees Large Increase in Short Interest

PGIM S&P 500 Buffer 12 ETF – June (BATS:JUNP) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 16,254 shares, an increase of 111.5% from the July 15th total of 7,685 shares. Based on an average daily volume of 14,131 shares, the short-interest ratio is presently 1.2 days. Currently, 5.6% of the company’s stock are short sold.

PGIM S&P 500 Buffer 12 ETF – June Price Performance

PGIM S&P 500 Buffer 12 ETF – June stock opened at $32.47 on Friday. The company’s fifty day moving average price is $31.69 and its two-hundred day moving average price is $31.26. PGIM S&P 500 Buffer 12 ETF – June has a one year low of $29.19 and a one year high of $32.53.

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

Several large investors have recently added to or reduced their stakes in JUNP. Royal Bank of Canada raised its stake in shares of PGIM S&P 500 Buffer 12 ETF – June by 185.3% in the 1st quarter. Royal Bank of Canada now owns 10,077 shares of the company’s stock valued at $269,000 after buying an additional 6,545 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of PGIM S&P 500 Buffer 12 ETF – June by 31.1% in the second quarter. Cetera Investment Advisers now owns 11,498 shares of the company’s stock valued at $330,000 after acquiring an additional 2,725 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in PGIM S&P 500 Buffer 12 ETF – June by 9.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 33,106 shares of the company’s stock worth $1,012,000 after purchasing an additional 2,987 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 12 ETF – June during the 4th quarter worth about $67,000. Finally, Foguth Wealth Management LLC. lifted its position in shares of PGIM S&P 500 Buffer 12 ETF – June by 1.7% during the first quarter. Foguth Wealth Management LLC. now owns 397,806 shares of the company’s stock worth $12,650,000 after purchasing an additional 6,474 shares in the last quarter.

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

The PGIM US Large-Cap Buffer 12 ETF – June (JUNP) 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 JUNP was launched on May 31, 2024 and is issued by PGIM.