PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) Sees Significant Increase in Short Interest

PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 4,716 shares, a growth of 117,800.0% from the April 30th total of 4 shares. Based on an average daily trading volume, of 3,131 shares, the short-interest ratio is currently 1.5 days. Approximately 0.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PGIM Nasdaq-100 Buffer 12 ETF – July stock. Susquehanna International Group LLP purchased a new stake in shares of PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,239 shares of the company’s stock, valued at approximately $233,000. Susquehanna International Group LLP owned 4.85% of PGIM Nasdaq-100 Buffer 12 ETF – July as of its most recent filing with the Securities and Exchange Commission (SEC).

PGIM Nasdaq-100 Buffer 12 ETF – July Price Performance

Shares of NASDAQ PQJL opened at $31.06 on Friday. PGIM Nasdaq-100 Buffer 12 ETF – July has a 1-year low of $25.58 and a 1-year high of $31.06. The business’s fifty day moving average price is $29.86 and its two-hundred day moving average price is $29.26. The firm has a market capitalization of $16.46 million, a PE ratio of 30.27 and a beta of 0.67.

About PGIM Nasdaq-100 Buffer 12 ETF – July

The PGIM Nasdaq-100 Buffer 12 ETF – July (PQJL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the Invesco QQQ Trust over a specific holdings period. The actively managed fund holds FLEX options. PQJL was launched on Dec 27, 2024 and is issued by PGIM.