PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Stock Short Interest Jumps 490.5%

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 6,732 shares, an increase of 490.5% from the September 30th total of 1,140 shares. Currently, 3.5% of the company’s stock are sold short. Based on an average daily trading volume, of 4,312 shares, the short-interest ratio is currently 1.6 days.

PGIM S&P 500 Buffer 12 ETF – November Trading Up 0.8%

Shares of PGIM S&P 500 Buffer 12 ETF – November stock opened at $33.87 on Wednesday. The stock has a fifty day simple moving average of $33.54 and a 200 day simple moving average of $32.00. PGIM S&P 500 Buffer 12 ETF – November has a 12-month low of $29.08 and a 12-month high of $34.07.

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

An institutional investor recently bought a new position in PGIM S&P 500 Buffer 12 ETF – November stock. Apollon Wealth Management LLC acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,584 shares of the company’s stock, valued at approximately $488,000. Apollon Wealth Management LLC owned about 7.68% of PGIM S&P 500 Buffer 12 ETF – November at the end of the most recent reporting period.

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

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.