PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 7,395 shares, a decline of 67.6% from the April 30th total of 22,842 shares. Based on an average daily trading volume, of 24,637 shares, the short-interest ratio is presently 0.3 days. Currently, 2.7% of the company’s stock are sold short.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – May

A hedge fund recently raised its stake in PGIM S&P 500 Buffer 12 ETF – May stock. Commonwealth Equity Services LLC boosted its position in PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) by 6.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,699 shares of the company’s stock after buying an additional 2,560 shares during the period. Commonwealth Equity Services LLC owned approximately 15.07% of PGIM S&P 500 Buffer 12 ETF – May worth $1,258,000 at the end of the most recent quarter.

PGIM S&P 500 Buffer 12 ETF – May Stock Up 0.2%

Shares of PGIM S&P 500 Buffer 12 ETF – May stock opened at $32.53 on Friday. PGIM S&P 500 Buffer 12 ETF – May has a one year low of $28.48 and a one year high of $32.54. The business has a 50-day simple moving average of $31.66 and a 200 day simple moving average of $31.16.

About PGIM S&P 500 Buffer 12 ETF – May

The PGIM S&P 500 Buffer 12 ETF – May (MAYP) 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. MAYP was launched on May 1, 2024 and is issued by PGIM.