Short Interest in PGIM S&P 500 Buffer 12 ETF – December (BATS:DECP) Decreases By 84.0%

PGIM S&P 500 Buffer 12 ETF – December (BATS:DECP) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,023 shares, a drop of 84.0% from the May 14th total of 6,412 shares. Based on an average daily volume of 6,245 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.4% of the shares of the company are sold short.

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

Shares of DECP stock remained flat at $32.18 during trading on Friday. The company had a trading volume of 6,606 shares, compared to its average volume of 6,434. The stock’s 50 day simple moving average is $31.63 and its 200-day simple moving average is $30.85. PGIM S&P 500 Buffer 12 ETF – December has a fifty-two week low of $27.00 and a fifty-two week high of $32.57.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – December

A number of institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – December in the first quarter worth $210,000. Royal Bank of Canada increased its holdings in PGIM S&P 500 Buffer 12 ETF – December by 300.1% in the 1st quarter. Royal Bank of Canada now owns 12,115 shares of the company’s stock valued at $360,000 after buying an additional 9,087 shares during the period. PNC Financial Services Group Inc. increased its holdings in PGIM S&P 500 Buffer 12 ETF – December by 161.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,777 shares of the company’s stock valued at $261,000 after buying an additional 5,418 shares during the period. Kestra Advisory Services LLC raised its position in shares of PGIM S&P 500 Buffer 12 ETF – December by 29.1% in the 4th quarter. Kestra Advisory Services LLC now owns 13,320 shares of the company’s stock valued at $406,000 after buying an additional 3,000 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – December by 119.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 56,299 shares of the company’s stock worth $1,715,000 after acquiring an additional 30,586 shares during the period.

About PGIM S&P 500 Buffer 12 ETF – December

The PGIM S&P 500 Buffer 12 ETF – December (DECP) 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 DECP was launched on May 24, 2024 and is issued by PGIM.