PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Shares Shorted: Short Interest Up 148.9% in September

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,788 shares, an increase of 148.9% from the August 31st total of 1,522 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,216 shares, the days-to-cover ratio is currently 1.2 days.

PGIM S&P 500 Buffer 20 ETF – March Price Performance

PGIM S&P 500 Buffer 20 ETF – March stock opened at $32.85 on Monday. PGIM S&P 500 Buffer 20 ETF – March has a fifty-two week low of $29.63 and a fifty-two week high of $32.99. The stock has a fifty day moving average of $32.53 and a two-hundred day moving average of $31.85.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PBMR. Jim Saulnier & Associates LLC lifted its position in PGIM S&P 500 Buffer 20 ETF – March by 30.4% during the first quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock worth $2,874,000 after buying an additional 22,071 shares during the period. Cetera Investment Advisers grew its holdings in shares of PGIM S&P 500 Buffer 20 ETF – March by 31.0% during the 1st quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock worth $538,000 after purchasing an additional 4,203 shares during the period. Kintra Wealth LLC increased its position in PGIM S&P 500 Buffer 20 ETF – March by 95.2% during the 2nd quarter. Kintra Wealth LLC now owns 16,330 shares of the company’s stock worth $532,000 after purchasing an additional 7,963 shares in the last quarter. Kestra Advisory Services LLC increased its position in PGIM S&P 500 Buffer 20 ETF – March by 82.8% during the 1st quarter. Kestra Advisory Services LLC now owns 11,188 shares of the company’s stock worth $339,000 after purchasing an additional 5,068 shares in the last quarter. Finally, Royal Bank of Canada increased its position in PGIM S&P 500 Buffer 20 ETF – March by 464.2% during the 1st quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock worth $139,000 after purchasing an additional 3,783 shares in the last quarter.

About PGIM S&P 500 Buffer 20 ETF – March

The PGIM US Large-Cap Buffer 20 ETF – March (PBMR) 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. PBMR was launched on Feb 29, 2024 and is issued by PGIM.