PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 4,748 shares, a decline of 52.4% from the August 31st total of 9,974 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 3,416 shares, the days-to-cover ratio is currently 1.4 days.

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

Shares of BATS:PBDE opened at $31.71 on Thursday. PGIM S&P 500 Buffer 20 ETF – December has a 52-week low of $28.39 and a 52-week high of $32.11. The stock has a 50 day moving average price of $31.47 and a 200-day moving average price of $30.73.

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

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in PGIM S&P 500 Buffer 20 ETF – December by 59.6% during the first quarter. Royal Bank of Canada now owns 7,886 shares of the company’s stock valued at $229,000 after buying an additional 2,945 shares during the period. Kintra Wealth LLC grew its position in shares of PGIM S&P 500 Buffer 20 ETF – December by 117.6% in the 2nd quarter. Kintra Wealth LLC now owns 17,945 shares of the company’s stock worth $566,000 after buying an additional 9,700 shares during the period. Finally, Redwood Family Wealth LLC purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – December in the 4th quarter worth about $288,000.

About PGIM S&P 500 Buffer 20 ETF – December

The PGIM S&P 500 Buffer 20 ETF – December (PBDE) 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. PBDE was launched on May 24, 2024 and is issued by PGIM.