PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Short Interest Down 80.3% in June

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 12,481 shares, a decrease of 80.3% from the June 15th total of 63,408 shares. Based on an average trading volume of 26,408 shares, the short-interest ratio is currently 0.5 days. Currently, 1.9% of the shares of the company are short sold.

PGIM S&P 500 Buffer 20 ETF – June Stock Up 0.3%

Shares of PBJN traded up $0.09 during midday trading on Friday, reaching $30.99. 3,143 shares of the stock were exchanged, compared to its average volume of 11,506. The business’s 50-day moving average price is $30.79 and its 200 day moving average price is $30.35. PGIM S&P 500 Buffer 20 ETF – June has a twelve month low of $28.51 and a twelve month high of $31.56.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PBJN. Blue Water Asset Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – June during the fourth quarter worth approximately $758,000. American Asset Management Inc. boosted its holdings 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 acquiring an additional 1,190 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of PGIM S&P 500 Buffer 20 ETF – June by 131.7% during the third quarter. PNC Financial Services Group Inc. now owns 1,388 shares of the company’s stock worth $41,000 after acquiring an additional 789 shares during the last quarter.

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

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.