PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) Short Interest Down 67.6% in May

PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 7,395 shares, a decrease of 67.6% from the April 30th total of 22,842 shares. Approximately 2.7% of the shares of the stock are sold short. Based on an average trading volume of 24,637 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in PGIM S&P 500 Buffer 12 ETF – May stock. Commonwealth Equity Services LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,699 shares of the company’s stock after acquiring an additional 2,560 shares during the quarter. Commonwealth Equity Services LLC owned approximately 15.07% of PGIM S&P 500 Buffer 12 ETF – May worth $1,258,000 as of its most recent SEC filing.

PGIM S&P 500 Buffer 12 ETF – May Stock Up 0.2%

Shares of MAYP stock traded up $0.06 on Friday, reaching $32.53. The company had a trading volume of 8,654 shares, compared to its average volume of 6,059. PGIM S&P 500 Buffer 12 ETF – May has a one year low of $28.48 and a one year high of $32.54. The business’s 50-day moving average is $31.66 and its 200 day moving average is $31.16.

PGIM S&P 500 Buffer 12 ETF – May Company Profile

The PGIM S&P 500 Buffer 12 ETF – May (MAYP) 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. MAYP was launched on May 1, 2024 and is issued by PGIM.