PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Down 52.0% in December

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 2,092 shares, a drop of 52.0% from the December 15th total of 4,358 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 41,621 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 41,621 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

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

PGIM Laddered Nasdaq-100 Buffer 12 ETF stock traded up $0.04 during trading on Thursday, reaching $28.97. The company had a trading volume of 10,595 shares, compared to its average volume of 6,700. The firm’s 50-day simple moving average is $28.61 and its 200 day simple moving average is $27.97. The firm has a market capitalization of $31.87 million, a price-to-earnings ratio of 30.37 and a beta of 0.54. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 52 week low of $22.43 and a 52 week high of $29.14.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, January 2nd. Investors of record on Tuesday, December 30th were given a dividend of $0.0042 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 1.0%.

Institutional Trading of PGIM Laddered Nasdaq-100 Buffer 12 ETF

A number of large investors have recently made changes to their positions in PBQQ. DHJJ Financial Advisors Ltd. lifted its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 98.3% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 1,787 shares of the company’s stock valued at $50,000 after acquiring an additional 886 shares during the last quarter. AssuredPartners Investment Advisors LLC bought a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF during the third quarter worth approximately $244,000. Finally, Foguth Wealth Management LLC. bought a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF during the fourth quarter worth approximately $12,360,000.

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.