PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 5,611 shares, a growth of 168.5% from the August 31st total of 2,090 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 3,174 shares, the short-interest ratio is currently 1.8 days.

PGIM S&P 500 Buffer 12 ETF – February Stock Performance

Shares of BATS:FEBP opened at $35.09 on Monday. The business has a fifty day moving average of $34.64 and a 200-day moving average of $33.65. PGIM S&P 500 Buffer 12 ETF – February has a twelve month low of $30.60 and a twelve month high of $35.10.

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

A hedge fund recently raised its position in PGIM S&P 500 Buffer 12 ETF – February stock. Kestra Advisory Services LLC lifted its stake in PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) by 113.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,068 shares of the company’s stock after purchasing an additional 4,295 shares during the period. Kestra Advisory Services LLC owned 2.88% of PGIM S&P 500 Buffer 12 ETF – February worth $252,000 at the end of the most recent quarter.

About PGIM S&P 500 Buffer 12 ETF – February

The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.