Short Interest in PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Rises By 6,090.0%

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,238 shares, an increase of 6,090.0% from the June 30th total of 20 shares. Based on an average daily volume of 5,578 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

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

Shares of PBMR stock opened at $32.08 on Friday. The company’s 50 day moving average is $32.02 and its 200 day moving average is $31.26. PGIM S&P 500 Buffer 20 ETF – March has a 52-week low of $28.98 and a 52-week high of $32.99.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – March

Several hedge funds and other institutional investors have recently bought and sold shares of PBMR. Royal Bank of Canada raised its position in shares of PGIM S&P 500 Buffer 20 ETF – March by 464.2% in the 1st quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock worth $139,000 after acquiring an additional 3,783 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter valued at about $187,000. Cetera Investment Advisers boosted its position in PGIM S&P 500 Buffer 20 ETF – March by 31.0% during the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock valued at $538,000 after purchasing an additional 4,203 shares in the last quarter. Blue Water Asset Management purchased a new position in PGIM S&P 500 Buffer 20 ETF – March in the fourth quarter valued at about $543,000. Finally, Jim Saulnier & Associates LLC grew its stake in PGIM S&P 500 Buffer 20 ETF – March by 30.4% in the first quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock valued at $2,874,000 after purchasing an additional 22,071 shares during 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.