Short Interest in PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Grows By 222.7%

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,330 shares, an increase of 222.7% from the May 31st total of 1,032 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 3,149 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – February

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBFB. Royal Bank of Canada acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – February during the 1st quarter worth about $231,000. Blue Water Asset Management acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – February in the 4th quarter valued at approximately $349,000. Cetera Investment Advisers boosted its stake in PGIM S&P 500 Buffer 20 ETF – February by 34.9% during the 1st quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock worth $692,000 after acquiring an additional 5,957 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the 1st quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after acquiring an additional 12,763 shares during the last quarter. Finally, American Asset Management Inc. boosted its stake in PGIM S&P 500 Buffer 20 ETF – February by 551.9% during the 1st quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock worth $2,527,000 after acquiring an additional 71,215 shares during the last quarter.

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

BATS:PBFB opened at $31.73 on Friday. PGIM S&P 500 Buffer 20 ETF – February has a 12-month low of $28.54 and a 12-month high of $32.79. The stock’s fifty day simple moving average is $31.61 and its 200-day simple moving average is $30.86.

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

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.