PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Sees Large Decline in Short Interest

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,090 shares, a decrease of 80.4% from the August 15th total of 10,639 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 4,179 shares, the short-interest ratio is currently 0.5 days.

PGIM S&P 500 Buffer 12 ETF – February Trading Up 0.5%

BATS FEBP opened at $34.83 on Friday. The business’s fifty day moving average is $34.50 and its 200 day moving average is $33.45. PGIM S&P 500 Buffer 12 ETF – February has a fifty-two week low of $30.60 and a fifty-two week high of $34.97.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – February

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – February in the fourth quarter worth approximately $120,000. Cetera Investment Advisers purchased a new stake in PGIM S&P 500 Buffer 12 ETF – February in the 1st quarter worth $447,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of PGIM S&P 500 Buffer 12 ETF – February by 18.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after acquiring an additional 2,739 shares in the last quarter.

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.