PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 25,035 shares, an increase of 238.5% from the May 14th total of 7,395 shares. Based on an average trading volume of 9,069 shares, the days-to-cover ratio is presently 2.8 days. Currently, 9.3% of the shares of the company are sold short.

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

A hedge fund recently raised its stake in PGIM S&P 500 Buffer 12 ETF – May stock. Commonwealth Equity Services LLC raised its stake in shares of PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,699 shares of the company’s stock after buying an additional 2,560 shares during the period. Commonwealth Equity Services LLC owned approximately 15.07% of PGIM S&P 500 Buffer 12 ETF – May worth $1,258,000 as of its most recent SEC filing.

PGIM S&P 500 Buffer 12 ETF – May Stock Performance

PGIM S&P 500 Buffer 12 ETF – May stock opened at $31.86 on Thursday. PGIM S&P 500 Buffer 12 ETF – May has a one year low of $28.66 and a one year high of $32.57. The company has a 50-day simple moving average of $31.88 and a 200-day simple moving average of $31.28.

About PGIM S&P 500 Buffer 12 ETF – May

The PGIM S&P 500 Buffer 12 ETF – May (MAYP) 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. MAYP was launched on May 1, 2024 and is issued by PGIM.