PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Sees Large Decrease in Short Interest

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 655 shares, a decline of 79.6% from the May 31st total of 3,210 shares. Based on an average trading volume of 18,238 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – March

A number of large investors have recently modified their holdings of PBMR. Royal Bank of Canada lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – March by 464.2% in the 1st quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock valued at $139,000 after buying an additional 3,783 shares during the period. Kestra Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter worth $187,000. Cetera Investment Advisers raised its position in PGIM S&P 500 Buffer 20 ETF – March by 31.0% in the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock worth $538,000 after acquiring an additional 4,203 shares in the last quarter. Blue Water Asset Management acquired a new stake in PGIM S&P 500 Buffer 20 ETF – March in the fourth quarter valued at $543,000. Finally, Jim Saulnier & Associates LLC boosted its position in shares of 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 purchasing an additional 22,071 shares in the last quarter.

PGIM S&P 500 Buffer 20 ETF – March Price Performance

BATS PBMR opened at $31.91 on Friday. PGIM S&P 500 Buffer 20 ETF – March has a 52-week low of $28.78 and a 52-week high of $32.99. The firm has a 50-day moving average price of $31.80 and a 200 day moving average price of $31.02.

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.