PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) Sees Significant Decline in Short Interest

PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 4,216 shares, a decline of 63.5% from the July 30th total of 11,541 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 2,790 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On PGIM Nasdaq-100 Buffer 12 ETF – July

A hedge fund recently raised its stake in PGIM Nasdaq-100 Buffer 12 ETF – July stock. NewEdge Advisors LLC grew its position in shares of PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) by 43.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,011 shares of the company’s stock after purchasing an additional 3,035 shares during the quarter. NewEdge Advisors LLC owned approximately 1.89% of PGIM Nasdaq-100 Buffer 12 ETF – July worth $284,000 as of its most recent filing with the SEC.

PGIM Nasdaq-100 Buffer 12 ETF – July Price Performance

Shares of PGIM Nasdaq-100 Buffer 12 ETF – July stock traded down $0.11 during trading hours on Friday, hitting $30.99. The company had a trading volume of 12,031 shares, compared to its average volume of 6,012. The company’s 50-day moving average is $30.72 and its two-hundred day moving average is $30.12. PGIM Nasdaq-100 Buffer 12 ETF – July has a twelve month low of $27.40 and a twelve month high of $31.33. The company has a market cap of $22.00 million, a P/E ratio of 30.27 and a beta of 0.65.

PGIM Nasdaq-100 Buffer 12 ETF – July Company Profile

The PGIM Nasdaq-100 Buffer 12 ETF – July (PQJL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the Invesco QQQ Trust over a specific holdings period. The actively managed fund holds FLEX options. PQJL was launched on Dec 27, 2024 and is issued by PGIM.