PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Short Interest Down 54.7% in July

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,901 shares, a drop of 54.7% from the June 30th total of 4,193 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 3,109 shares, the days-to-cover ratio is presently 0.6 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – November by 199.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 35,162 shares of the company’s stock valued at $1,070,000 after acquiring an additional 23,415 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter worth $668,000. Maltin Wealth Management Inc. bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the first quarter worth $495,000. Steward Partners Investment Advisory LLC bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – November in the fourth quarter worth $391,000. Finally, Royal Bank of Canada increased its holdings in shares of PGIM S&P 500 Buffer 12 ETF – November by 88.5% during the fourth quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock valued at $221,000 after purchasing an additional 3,410 shares during the period.

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

PGIM S&P 500 Buffer 12 ETF – November stock remained flat at $32.55 during midday trading on Wednesday. 252 shares of the company’s stock were exchanged, compared to its average volume of 4,753. PGIM S&P 500 Buffer 12 ETF – November has a 52-week low of $28.71 and a 52-week high of $32.84. The stock has a fifty day moving average price of $32.45 and a two-hundred day moving average price of $31.31.

PGIM S&P 500 Buffer 12 ETF – November Company Profile

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.