PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 6,911 shares, an increase of 220.7% from the April 30th total of 2,155 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 5,604 shares, the days-to-cover ratio is presently 1.2 days.

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

Hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its position in shares of PGIM S&P 500 Buffer 20 ETF – June by 131.7% in the third quarter. PNC Financial Services Group Inc. now owns 1,388 shares of the company’s stock valued at $41,000 after purchasing an additional 789 shares in the last quarter. American Asset Management Inc. grew its position in shares of PGIM S&P 500 Buffer 20 ETF – June by 14.4% in the fourth quarter. American Asset Management Inc. now owns 9,435 shares of the company’s stock valued at $282,000 after purchasing an additional 1,190 shares in the last quarter. Finally, Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – June in the fourth quarter valued at $758,000.

PGIM S&P 500 Buffer 20 ETF – June Trading Up 0.0%

Shares of BATS PBJN opened at $30.92 on Friday. PGIM S&P 500 Buffer 20 ETF – June has a fifty-two week low of $27.63 and a fifty-two week high of $30.92. The stock has a fifty day moving average of $30.48 and a 200-day moving average of $30.11.

About PGIM S&P 500 Buffer 20 ETF – June

The PGIM US LARGE-CAP BUFFER 20 ETF – JUNE (PBJN) 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 PBJN was launched on May 31, 2024 and is issued by PGIM.