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

PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,100 shares, an increase of 112.8% from the August 15th total of 987 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 5,279 shares, the days-to-cover ratio is currently 0.4 days.

PGIM S&P 500 Buffer 12 ETF – September Trading Down 0.4%

PGIM S&P 500 Buffer 12 ETF – September stock opened at $32.92 on Wednesday. The business’s 50-day simple moving average is $32.92 and its 200 day simple moving average is $31.98. PGIM S&P 500 Buffer 12 ETF – September has a 12-month low of $29.49 and a 12-month high of $33.68.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PGIM S&P 500 Buffer 12 ETF – September stock. American Asset Management Inc. acquired a new stake in PGIM S&P 500 Buffer 12 ETF – September (BATS:SEPP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 100,385 shares of the company’s stock, valued at approximately $3,088,000. PGIM S&P 500 Buffer 12 ETF – September comprises about 2.6% of American Asset Management Inc.’s portfolio, making the stock its 9th biggest position. American Asset Management Inc. owned about 37.18% of PGIM S&P 500 Buffer 12 ETF – September as of its most recent SEC filing.

About PGIM S&P 500 Buffer 12 ETF – September

The PGIM US Large-Cap Buffer 12 ETF – September (SEPP) 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 SEPP was launched on May 14, 2024 and is issued by PGIM.