PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Sees Large Increase in Short Interest

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 6,732 shares, a growth of 490.5% from the September 30th total of 1,140 shares. Currently, 3.5% of the company’s shares are short sold. Based on an average daily volume of 4,312 shares, the short-interest ratio is currently 1.6 days.

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

Shares of BATS NOVP opened at $33.60 on Tuesday. PGIM S&P 500 Buffer 12 ETF – November has a 52-week low of $29.08 and a 52-week high of $34.07. The stock has a 50 day moving average price of $33.53 and a 200 day moving average price of $31.97.

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

An institutional investor recently bought a new position in PGIM S&P 500 Buffer 12 ETF – November stock. Apollon Wealth Management LLC bought a new position in PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 14,584 shares of the company’s stock, valued at approximately $488,000. Apollon Wealth Management LLC owned 7.68% of PGIM S&P 500 Buffer 12 ETF – November at the end of the most recent quarter.

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.