PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Sees Significant Growth in Short Interest

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,358 shares, an increase of 153.7% from the November 30th total of 1,718 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 3,847 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 3,847 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF stock. DHJJ Financial Advisors Ltd. raised its position in PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) by 98.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,787 shares of the company’s stock after acquiring an additional 886 shares during the period. DHJJ Financial Advisors Ltd. owned approximately 0.36% of PGIM Laddered Nasdaq-100 Buffer 12 ETF worth $50,000 as of its most recent filing with the SEC.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Up 0.1%

NASDAQ:PBQQ traded up $0.03 during trading hours on Friday, reaching $28.95. The company had a trading volume of 15,484 shares. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a twelve month low of $22.43 and a twelve month high of $28.97. The firm has a market cap of $15.34 million, a price-to-earnings ratio of 30.37 and a beta of 0.54. The business’s 50-day simple moving average is $28.46 and its two-hundred day simple moving average is $27.70.

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.