PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Short Interest Down 69.0% in June

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,032 shares, a decrease of 69.0% from the June 15th total of 3,330 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 3,055 shares, the short-interest ratio is presently 0.3 days.

PGIM S&P 500 Buffer 20 ETF – February Trading Up 0.6%

Shares of PBFB stock traded up $0.20 during mid-day trading on Friday, reaching $32.08. The stock had a trading volume of 2,602 shares, compared to its average volume of 8,531. PGIM S&P 500 Buffer 20 ETF – February has a 12-month low of $28.71 and a 12-month high of $32.79. The business has a 50-day simple moving average of $31.76 and a 200 day simple moving average of $30.98.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBFB. Jim Saulnier & Associates LLC lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% in the first quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock valued at $2,816,000 after purchasing an additional 45,460 shares in the last quarter. American Asset Management Inc. increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 551.9% during the 1st quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock worth $2,527,000 after purchasing an additional 71,215 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the 1st quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after purchasing an additional 12,763 shares in the last quarter. Cetera Investment Advisers raised its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 34.9% during the 1st quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock worth $692,000 after purchasing an additional 5,957 shares during the last quarter. Finally, Blue Water Asset Management acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – February during the 4th quarter worth approximately $349,000.

PGIM S&P 500 Buffer 20 ETF – February Company Profile

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.