PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) Short Interest Down 52.0% in May

PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOCGet Free Report) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 5,858 shares, a decrease of 52.0% from the May 14th total of 12,199 shares. Based on an average daily volume of 8,920 shares, the short-interest ratio is presently 0.7 days. Currently, 1.8% of the shares of the stock are sold short.

PGIM S&P 500 Buffer 20 ETF – October Price Performance

BATS:PBOC opened at $30.45 on Friday. PGIM S&P 500 Buffer 20 ETF – October has a 12-month low of $27.08 and a 12-month high of $30.97. The firm has a 50-day moving average price of $30.06 and a 200 day moving average price of $29.47.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PBOC. Harbour Investments Inc. acquired a new position in PGIM S&P 500 Buffer 20 ETF – October in the fourth quarter worth about $44,000. DHJJ Financial Advisors Ltd. acquired a new position in PGIM S&P 500 Buffer 20 ETF – October in the fourth quarter worth about $51,000. PNC Financial Services Group Inc. raised its position in PGIM S&P 500 Buffer 20 ETF – October by 185.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,008 shares of the company’s stock worth $88,000 after purchasing an additional 1,956 shares in the last quarter. Raymond James Financial Inc. acquired a new position in PGIM S&P 500 Buffer 20 ETF – October in the third quarter worth about $231,000. Finally, Royal Bank of Canada acquired a new position in PGIM S&P 500 Buffer 20 ETF – October in the first quarter worth about $313,000.

PGIM S&P 500 Buffer 20 ETF – October Company Profile

(Get Free Report)

The PGIM US Large-Cap Buffer 20 ETF – October (PBOC) 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. PBOC was launched on May 16, 2024 and is issued by PGIM.

Further Reading

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