PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Short Interest Down 94.8% in June

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 183 shares, a decrease of 94.8% from the May 31st total of 3,513 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 2,014 shares, the days-to-cover ratio is currently 0.1 days.

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

Shares of PGIM S&P 500 Buffer 12 ETF – February stock traded down $0.03 during trading hours on Thursday, reaching $33.73. The stock had a trading volume of 23 shares, compared to its average volume of 5,322. The firm has a 50 day simple moving average of $33.57 and a two-hundred day simple moving average of $32.50. PGIM S&P 500 Buffer 12 ETF – February has a 1 year low of $29.27 and a 1 year high of $34.11.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its position in PGIM S&P 500 Buffer 12 ETF – February by 18.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after buying an additional 2,739 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – February in the fourth quarter worth $120,000. Finally, Cetera Investment Advisers acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – February in the first quarter worth $447,000.

About PGIM S&P 500 Buffer 12 ETF – February

The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.