Short Interest in PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) Decreases By 48.1%

PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,813 shares, a drop of 48.1% from the July 30th total of 3,493 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 2,482 shares, the short-interest ratio is presently 0.7 days.

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

BATS:PBSE opened at $31.28 on Friday. The business’s fifty day moving average price is $31.04 and its 200 day moving average price is $30.35. PGIM S&P 500 Buffer 20 ETF – September has a 1-year low of $28.32 and a 1-year high of $31.33.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in PGIM S&P 500 Buffer 20 ETF – September in the 3rd quarter valued at approximately $227,000. Kestra Advisory Services LLC acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – September in the fourth quarter worth $161,000. Royal Bank of Canada acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – September in the first quarter worth $210,000. Finally, Kintra Wealth LLC purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – September during the second quarter worth $459,000.

About PGIM S&P 500 Buffer 20 ETF – September

The PGIM US Large-Cap Buffer 20 ETF – September (PBSE) 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 PBSE was launched on May 14, 2024 and is issued by PGIM.