PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) Short Interest Down 46.2% in July

PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 1,760 shares, a decline of 46.2% from the June 30th total of 3,274 shares. Based on an average trading volume of 2,915 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SEPP. Royal Bank of Canada boosted its stake in shares of PGIM S&P 500 Buffer 12 ETF – September by 1,042.0% during the 1st quarter. Royal Bank of Canada now owns 3,940 shares of the company’s stock valued at $118,000 after buying an additional 3,595 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – September in the fourth quarter worth $157,000. Commonwealth Equity Services LLC raised its holdings in shares of PGIM S&P 500 Buffer 12 ETF – September by 14.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 23,160 shares of the company’s stock worth $709,000 after acquiring an additional 2,953 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of PGIM S&P 500 Buffer 12 ETF – September during the fourth quarter worth $2,463,000.

PGIM S&P 500 Buffer 12 ETF – September Price Performance

BATS SEPP opened at $32.43 on Thursday. The company has a 50 day simple moving average of $32.40 and a 200-day simple moving average of $31.43. PGIM S&P 500 Buffer 12 ETF – September has a 52-week low of $28.47 and a 52-week high of $33.68.

About PGIM S&P 500 Buffer 12 ETF – September

The PGIM US Large-Cap Buffer 12 ETF – September (SEPP) 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 SEPP was launched on May 14, 2024 and is issued by PGIM.