PGIM S&P 500 Buffer 12 ETF – October (BATS:OCTP) Stock Short Interest Rises 71.9%

PGIM S&P 500 Buffer 12 ETF – October (BATS:OCTP) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 28,351 shares, an increase of 71.9% from the September 30th total of 16,497 shares. Currently, 5.7% of the company’s stock are sold short. Based on an average daily trading volume, of 32,053 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – October

A number of hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its stake in shares of PGIM S&P 500 Buffer 12 ETF – October by 13.1% during the first quarter. PNC Financial Services Group Inc. now owns 5,361 shares of the company’s stock worth $159,000 after buying an additional 622 shares during the last quarter. NewEdge Advisors LLC lifted its position in PGIM S&P 500 Buffer 12 ETF – October by 3.1% in the 2nd quarter. NewEdge Advisors LLC now owns 25,020 shares of the company’s stock valued at $809,000 after acquiring an additional 750 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – October during the second quarter worth about $41,000. Royal Bank of Canada bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – October during the 1st quarter worth approximately $141,000. Finally, Cypress Financial Planning LLC acquired a new stake in PGIM S&P 500 Buffer 12 ETF – October in the 3rd quarter valued at $292,000.

PGIM S&P 500 Buffer 12 ETF – October Stock Down 0.4%

Shares of OCTP opened at $33.28 on Tuesday. The company’s 50 day moving average price is $33.46 and its 200 day moving average price is $31.90. PGIM S&P 500 Buffer 12 ETF – October has a 52 week low of $29.03 and a 52 week high of $33.96.

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

The PGIM US Large-Cap Buffer 12 ETF – October (OCTP) 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 OCTP was launched on May 17, 2024 and is issued by PGIM.