PGIM Nasdaq-100 Buffer 12 ETF – October (NASDAQ:PQOC) Sees Significant Increase in Short Interest

PGIM Nasdaq-100 Buffer 12 ETF – October (NASDAQ:PQOC) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 5,689 shares, a growth of 92.3% from the July 30th total of 2,959 shares. Based on an average trading volume of 1,972 shares, the days-to-cover ratio is currently 2.9 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On PGIM Nasdaq-100 Buffer 12 ETF – October

Several hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of PGIM Nasdaq-100 Buffer 12 ETF – October during the fourth quarter worth about $50,000. Commonwealth Equity Services LLC purchased a new position in shares of PGIM Nasdaq-100 Buffer 12 ETF – October during the fourth quarter valued at approximately $262,000. Finally, NewEdge Advisors LLC purchased a new position in shares of PGIM Nasdaq-100 Buffer 12 ETF – October during the fourth quarter valued at approximately $314,000.

PGIM Nasdaq-100 Buffer 12 ETF – October Stock Down 0.1%

Shares of PQOC traded down $0.03 during trading hours on Friday, reaching $31.93. 12,499 shares of the company traded hands, compared to its average volume of 6,214. The stock has a market capitalization of $22.99 million, a PE ratio of 31.60 and a beta of 0.74. The stock has a fifty day simple moving average of $31.32 and a 200 day simple moving average of $30.11. PGIM Nasdaq-100 Buffer 12 ETF – October has a fifty-two week low of $27.15 and a fifty-two week high of $31.96.

About PGIM Nasdaq-100 Buffer 12 ETF – October

The PGIM Nasdaq-100 Buffer 12 ETF – October (PQOC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the Invesco QQQ Trust over a specific holdings period. The actively managed fund holds FLEX options. PQOC was launched on Dec 27, 2024 and is issued by PGIM.