Short Interest in PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Declines By 59.1%

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,512 shares, a drop of 59.1% from the April 15th total of 6,140 shares. Based on an average daily trading volume, of 4,222 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are sold short.

PGIM S&P 500 Buffer 20 ETF – March Trading Down 0.1%

BATS:PBMR opened at $31.81 on Friday. PGIM S&P 500 Buffer 20 ETF – March has a one year low of $27.91 and a one year high of $32.08. The firm’s 50 day simple moving average is $30.97 and its 200 day simple moving average is $30.61.

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

Several large investors have recently modified their holdings of PBMR. Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – March during the 4th quarter valued at $543,000. Kestra Advisory Services LLC increased its stake in PGIM S&P 500 Buffer 20 ETF – March by 82.8% during the 1st quarter. Kestra Advisory Services LLC now owns 11,188 shares of the company’s stock valued at $339,000 after purchasing an additional 5,068 shares in the last quarter. Cetera Investment Advisers increased its stake in PGIM S&P 500 Buffer 20 ETF – March by 31.0% during the 1st 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. Finally, Jim Saulnier & Associates LLC boosted its holdings in PGIM S&P 500 Buffer 20 ETF – March by 30.4% during the 1st quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock worth $2,874,000 after acquiring 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.