PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Sees Significant Drop in Short Interest

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 12,481 shares, a decline of 80.3% from the June 15th total of 63,408 shares. Based on an average daily volume of 26,408 shares, the short-interest ratio is presently 0.5 days. Approximately 1.9% of the shares of the stock are short sold.

PGIM S&P 500 Buffer 20 ETF – June Trading Up 0.3%

PBJN stock traded up $0.09 during midday trading on Friday, hitting $30.99. The company’s stock had a trading volume of 3,143 shares, compared to its average volume of 11,506. PGIM S&P 500 Buffer 20 ETF – June has a 12 month low of $28.51 and a 12 month high of $31.56. The company has a 50 day moving average of $30.79 and a two-hundred day moving average of $30.35.

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

Several hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its position in shares of PGIM S&P 500 Buffer 20 ETF – June by 131.7% during the third quarter. PNC Financial Services Group Inc. now owns 1,388 shares of the company’s stock worth $41,000 after acquiring an additional 789 shares during the last quarter. American Asset Management Inc. increased its holdings in PGIM S&P 500 Buffer 20 ETF – June by 14.4% in the 4th quarter. American Asset Management Inc. now owns 9,435 shares of the company’s stock valued at $282,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – June in the 4th quarter valued at $758,000.

About PGIM S&P 500 Buffer 20 ETF – June

The PGIM US LARGE-CAP BUFFER 20 ETF – JUNE (PBJN) 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 PBJN was launched on May 31, 2024 and is issued by PGIM.