PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) Shares Shorted: Short Interest Up 110.2% in September

PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 7,927 shares, an increase of 110.2% from the August 31st total of 3,772 shares. Based on an average daily trading volume, of 3,185 shares, the short-interest ratio is currently 2.5 days. Currently, 2.8% of the company’s shares are short sold.

PGIM S&P 500 Buffer 12 ETF – March Stock Down 0.0%

Shares of BATS MRCP opened at $35.29 on Wednesday. PGIM S&P 500 Buffer 12 ETF – March has a twelve month low of $30.85 and a twelve month high of $35.43. The stock has a fifty day simple moving average of $35.00 and a 200-day simple moving average of $34.04.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – March

An institutional investor recently bought a new position in PGIM S&P 500 Buffer 12 ETF – March stock. Royal Bank of Canada purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,810 shares of the company’s stock, valued at approximately $311,000. Royal Bank of Canada owned 3.50% of PGIM S&P 500 Buffer 12 ETF – March at the end of the most recent reporting period.

About PGIM S&P 500 Buffer 12 ETF – March

The PGIM US Large-Cap Buffer 12 ETF – March (MRCP) 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. MRCP was launched on Feb 29, 2024 and is issued by PGIM.