PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) Short Interest Down 99.7% in May

PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 40 shares, a drop of 99.7% from the April 30th total of 15,791 shares. Based on an average trading volume of 6,457 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

PGIM S&P 500 Buffer 12 ETF – July Price Performance

Shares of PGIM S&P 500 Buffer 12 ETF – July stock traded up $0.03 during midday trading on Wednesday, hitting $32.42. 66 shares of the company were exchanged, compared to its average volume of 4,389. PGIM S&P 500 Buffer 12 ETF – July has a 52 week low of $27.35 and a 52 week high of $32.42. The firm has a 50 day simple moving average of $31.40 and a 200-day simple moving average of $31.00.

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

Several institutional investors have recently bought and sold shares of JULP. Royal Bank of Canada raised its position in PGIM S&P 500 Buffer 12 ETF – July by 143.8% in the 1st quarter. Royal Bank of Canada now owns 8,505 shares of the company’s stock valued at $225,000 after purchasing an additional 5,016 shares during the last quarter. NewEdge Advisors LLC bought a new position in PGIM S&P 500 Buffer 12 ETF – July in the 1st quarter valued at $246,000. Centaurus Financial Inc. bought a new position in PGIM S&P 500 Buffer 12 ETF – July in the 3rd quarter valued at $853,000. Commonwealth Equity Services LLC raised its position in PGIM S&P 500 Buffer 12 ETF – July by 4.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 44,249 shares of the company’s stock valued at $1,364,000 after purchasing an additional 1,817 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in PGIM S&P 500 Buffer 12 ETF – July by 28.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 86,601 shares of the company’s stock valued at $2,669,000 after purchasing an additional 19,192 shares during the last quarter.

About PGIM S&P 500 Buffer 12 ETF – July

The PGIM S&P 500 Buffer 12 ETF – July (JULP) 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. JULP was launched on May 8, 2024 and is issued by PGIM.