Short Interest in PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Grows By 68.7%

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,564 shares, an increase of 68.7% from the July 30th total of 2,706 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 3,030 shares, the days-to-cover ratio is currently 1.5 days.

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

PGIM S&P 500 Buffer 20 ETF – February stock opened at $32.48 on Monday. PGIM S&P 500 Buffer 20 ETF – February has a 1-year low of $29.20 and a 1-year high of $32.79. The business has a fifty day moving average price of $32.12 and a 200-day moving average price of $31.39.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – February

Hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers lifted its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 34.9% during the 1st quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock valued at $692,000 after buying an additional 5,957 shares in the last quarter. Kintra Wealth LLC increased its holdings in PGIM S&P 500 Buffer 20 ETF – February by 72.6% in the 2nd quarter. Kintra Wealth LLC now owns 16,300 shares of the company’s stock worth $529,000 after acquiring an additional 6,858 shares in the last quarter. Royal Bank of Canada acquired a new position in PGIM S&P 500 Buffer 20 ETF – February during the first quarter worth $231,000. Blue Water Asset Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – February during the fourth quarter worth $349,000. Finally, Kestra Advisory Services LLC lifted its holdings in PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock valued at $927,000 after purchasing an additional 12,763 shares in the last quarter.

About PGIM S&P 500 Buffer 20 ETF – February

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.