PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Up 162.9% in May

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 11,197 shares, an increase of 162.9% from the April 30th total of 4,259 shares. Based on an average daily trading volume, of 51,921 shares, the short-interest ratio is currently 0.2 days. Approximately 0.6% of the shares of the company are sold short.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Price Performance

Shares of PBQQ stock traded up $0.05 during trading hours on Friday, reaching $31.49. 27,062 shares of the company traded hands, compared to its average volume of 20,872. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 12-month low of $25.78 and a 12-month high of $31.62. The company has a market cap of $63.29 million, a P/E ratio of 30.37 and a beta of 0.66. The firm has a 50-day moving average price of $30.01 and a 200 day moving average price of $29.19.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. DHJJ Financial Advisors Ltd. lifted its holdings in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock worth $141,000 after purchasing an additional 3,104 shares in the last quarter. Red Crane Wealth Management LLC purchased a new position in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 1st quarter worth approximately $201,000. Cetera Investment Advisers purchased a new position in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 4th quarter worth approximately $224,000. OLD Mission Capital LLC purchased a new position in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 4th quarter worth approximately $414,000. Finally, Commonwealth Equity Services LLC lifted its holdings in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock worth $779,000 after purchasing an additional 2,571 shares in the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Company Profile

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.