PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 38,945 shares, a growth of 158.4% from the May 31st total of 15,073 shares. Based on an average trading volume of 4,780 shares, the days-to-cover ratio is presently 8.1 days. Approximately 4.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PBAP. Cetera Investment Advisers raised its stake in PGIM S&P 500 Buffer 20 ETF – April by 23.5% in the second quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock valued at $347,000 after purchasing an additional 2,378 shares in the last quarter. Citadel Advisors LLC acquired a new position in PGIM S&P 500 Buffer 20 ETF – April during the 3rd quarter worth approximately $410,000. Finally, Blue Water Asset Management bought a new position in PGIM S&P 500 Buffer 20 ETF – April in the 4th quarter valued at approximately $839,000.

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

PBAP opened at $30.85 on Monday. PGIM S&P 500 Buffer 20 ETF – April has a 1-year low of $27.67 and a 1-year high of $31.89. The stock’s fifty day simple moving average is $30.75 and its 200 day simple moving average is $29.75.

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

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.