PGIM S&P 500 Buffer 20 ETF – November (BATS:PBNV) Sees Significant Decline in Short Interest

PGIM S&P 500 Buffer 20 ETF – November (BATS:PBNV) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 754 shares, a drop of 77.3% from the June 15th total of 3,315 shares. Based on an average daily volume of 4,645 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

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

Shares of PGIM S&P 500 Buffer 20 ETF – November stock traded up $0.19 on Friday, reaching $31.13. 409 shares of the stock were exchanged, compared to its average volume of 3,850. The business has a 50 day moving average price of $30.79 and a two-hundred day moving average price of $29.93. PGIM S&P 500 Buffer 20 ETF – November has a twelve month low of $28.04 and a twelve month high of $31.13.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – November

Several institutional investors and hedge funds have recently bought and sold shares of PBNV. Royal Bank of Canada boosted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – November by 153.1% in the 4th quarter. Royal Bank of Canada now owns 5,105 shares of the company’s stock valued at $150,000 after acquiring an additional 3,088 shares during the last quarter. MML Investors Services LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter valued at approximately $293,000. Kestra Advisory Services LLC acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – November in the 4th quarter valued at $544,000. Commonwealth Equity Services LLC boosted its holdings in PGIM S&P 500 Buffer 20 ETF – November by 205.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 62,468 shares of the company’s stock worth $1,836,000 after buying an additional 42,042 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new stake in PGIM S&P 500 Buffer 20 ETF – November during the fourth quarter valued at $232,000.

About PGIM S&P 500 Buffer 20 ETF – November

The PGIM S&P 500 Buffer 20 ETF – November (PBNV) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. PBNV was launched on May 22, 2024 and is issued by PGIM.