PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Short Interest Down 69.0% in June

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,032 shares, a decline of 69.0% from the June 15th total of 3,330 shares. Based on an average trading volume of 3,055 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

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

Several institutional investors have recently added to or reduced their stakes in the business. Jim Saulnier & Associates LLC lifted its position in 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 during the period. American Asset Management Inc. grew its holdings in PGIM S&P 500 Buffer 20 ETF – February by 551.9% in the 1st quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock valued at $2,527,000 after buying an additional 71,215 shares during the period. Kestra Advisory Services LLC grew its holdings in PGIM S&P 500 Buffer 20 ETF – February by 70.6% in the 1st quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock valued at $927,000 after buying an additional 12,763 shares during the period. Cetera Investment Advisers increased its stake in shares of 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 valued at $692,000 after acquiring an additional 5,957 shares during the last quarter. Finally, Blue Water Asset Management acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – February during the 4th quarter valued at about $349,000.

PGIM S&P 500 Buffer 20 ETF – February Stock Up 0.6%

Shares of PBFB traded up $0.20 during trading hours on Friday, reaching $32.08. 2,602 shares of the company traded hands, compared to its average volume of 8,531. The stock has a fifty day simple moving average of $31.76 and a 200 day simple moving average of $30.98. PGIM S&P 500 Buffer 20 ETF – February has a fifty-two week low of $28.71 and a fifty-two week high of $32.79.

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.