PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) Short Interest Up 364.4% in June

PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 6,465 shares, an increase of 364.4% from the June 15th total of 1,392 shares. Based on an average daily volume of 4,566 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.8% of the shares of the company are short sold.

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

PGIM S&P 500 Buffer 12 ETF – April stock opened at $32.70 on Friday. PGIM S&P 500 Buffer 12 ETF – April has a 52 week low of $28.22 and a 52 week high of $32.74. The company’s 50-day moving average price is $32.34 and its two-hundred day moving average price is $30.96.

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

A number of institutional investors have recently added to or reduced their stakes in APRP. Cetera Investment Advisers increased its position in shares of PGIM S&P 500 Buffer 12 ETF – April by 2.7% during the 2nd quarter. Cetera Investment Advisers now owns 23,588 shares of the company’s stock valued at $664,000 after purchasing an additional 613 shares during the period. Commonwealth Equity Services LLC boosted its stake in PGIM S&P 500 Buffer 12 ETF – April by 10.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 33,628 shares of the company’s stock valued at $999,000 after buying an additional 3,104 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 12 ETF – April during the fourth quarter worth about $172,000. Finally, Royal Bank of Canada grew its holdings in PGIM S&P 500 Buffer 12 ETF – April by 332.3% during the first quarter. Royal Bank of Canada now owns 10,807 shares of the company’s stock worth $288,000 after acquiring an additional 8,307 shares during the period.

About PGIM S&P 500 Buffer 12 ETF – April

The PGIM US Large-Cap Buffer 12 ETF – April (APRP) 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. APRP was launched on Mar 29, 2024 and is issued by PGIM.