Short Interest in PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Decreases By 48.1%

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 1,032 shares, a decrease of 48.1% from the May 14th total of 1,990 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 1,724 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada acquired a new position in PGIM S&P 500 Buffer 20 ETF – February in the first quarter worth about $231,000. Cetera Investment Advisers raised its position in PGIM S&P 500 Buffer 20 ETF – February by 34.9% in the first quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock worth $692,000 after purchasing an additional 5,957 shares in the last quarter. American Asset Management Inc. increased its holdings in shares of PGIM S&P 500 Buffer 20 ETF – February by 551.9% during the first quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock worth $2,527,000 after buying an additional 71,215 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after buying an additional 12,763 shares in the last quarter. Finally, Jim Saulnier & Associates LLC increased its holdings in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% during the first quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock worth $2,816,000 after buying an additional 45,460 shares in the last quarter.

PGIM S&P 500 Buffer 20 ETF – February Stock Performance

PBFB stock opened at $31.75 on Friday. PGIM S&P 500 Buffer 20 ETF – February has a 52-week low of $28.01 and a 52-week high of $32.79. The company has a 50-day moving average of $31.36 and a two-hundred day moving average of $30.74.

About PGIM S&P 500 Buffer 20 ETF – February

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.