PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) Sees Large Decline in Short Interest

PGIM S&P 500 Buffer 20 ETF – December (BATS:PBDE) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 38 shares, a decline of 99.2% from the September 15th total of 4,748 shares. Based on an average daily volume of 2,568 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

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

Shares of BATS PBDE traded up $0.09 during trading hours on Friday, hitting $31.94. 2,500 shares of the stock were exchanged, compared to its average volume of 5,703. PGIM S&P 500 Buffer 20 ETF – December has a 1-year low of $28.39 and a 1-year high of $32.11. The company’s fifty day simple moving average is $31.58 and its two-hundred day simple moving average is $30.84.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – December

A number of hedge funds have recently added to or reduced their stakes in the stock. Kintra Wealth LLC boosted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – December by 117.6% during the 2nd quarter. Kintra Wealth LLC now owns 17,945 shares of the company’s stock valued at $566,000 after acquiring an additional 9,700 shares in the last quarter. Royal Bank of Canada boosted its position in PGIM S&P 500 Buffer 20 ETF – December by 59.6% during the 1st quarter. Royal Bank of Canada now owns 7,886 shares of the company’s stock worth $229,000 after buying an additional 2,945 shares during the period. Finally, Redwood Family Wealth LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – December during the 4th quarter worth approximately $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.