PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,513 shares, an increase of 1,256.4% from the May 14th total of 259 shares. Based on an average trading volume of 6,902 shares, the short-interest ratio is presently 0.5 days. Approximately 1.3% of the shares of the company are sold short.

PGIM S&P 500 Buffer 12 ETF – February Price Performance

Shares of FEBP opened at $33.69 on Wednesday. PGIM S&P 500 Buffer 12 ETF – February has a 1-year low of $28.71 and a 1-year high of $34.11. The firm has a fifty day moving average price of $33.09 and a 200 day moving average price of $32.31.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – February

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its stake in PGIM S&P 500 Buffer 12 ETF – February by 18.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after buying an additional 2,739 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in PGIM S&P 500 Buffer 12 ETF – February in the fourth quarter valued at approximately $120,000. Finally, Cetera Investment Advisers purchased a new stake in PGIM S&P 500 Buffer 12 ETF – February in the first quarter valued at approximately $447,000.

About PGIM S&P 500 Buffer 12 ETF – February

The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.