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

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 4,600 shares, a growth of 12,677.8% from the May 31st total of 36 shares. Based on an average daily volume of 3,272 shares, the short-interest ratio is presently 1.4 days. Approximately 2.4% of the company’s stock are short sold.

PGIM S&P 500 Buffer 12 ETF – November Trading Down 0.2%

BATS:NOVP traded down $0.06 on Thursday, hitting $32.17. The stock had a trading volume of 110 shares, compared to its average volume of 4,959. PGIM S&P 500 Buffer 12 ETF – November has a 1 year low of $28.36 and a 1 year high of $32.64. The firm’s fifty day simple moving average is $32.03 and its two-hundred day simple moving average is $30.96.

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

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

About PGIM S&P 500 Buffer 12 ETF – November

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.