Short Interest in PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Decreases By 43.9%

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 9,769 shares, a drop of 43.9% from the July 15th total of 17,423 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,139 shares, the short-interest ratio is currently 2.4 days.

PGIM S&P 500 Buffer 20 ETF – April Stock Performance

PBAP stock opened at $31.48 on Monday. The firm’s 50-day moving average is $31.07 and its two-hundred day moving average is $30.28. PGIM S&P 500 Buffer 20 ETF – April has a 52 week low of $28.01 and a 52 week high of $31.98.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PBAP. Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – April during the fourth quarter worth approximately $839,000. Citadel Advisors LLC bought a new position in PGIM S&P 500 Buffer 20 ETF – April during the 3rd quarter valued at $410,000. Finally, Cetera Investment Advisers boosted its stake in PGIM S&P 500 Buffer 20 ETF – April by 23.5% during the 2nd quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock valued at $347,000 after purchasing an additional 2,378 shares in the last quarter.

About PGIM S&P 500 Buffer 20 ETF – April

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.