PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMRGet Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 12,080 shares, an increase of 380.9% from the April 30th total of 2,512 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average trading volume of 4,734 shares, the short-interest ratio is currently 2.6 days.

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

Several hedge funds have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in PGIM S&P 500 Buffer 20 ETF – March by 464.2% during the first quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock valued at $139,000 after acquiring an additional 3,783 shares in the last quarter. Cetera Investment Advisers grew its stake in PGIM S&P 500 Buffer 20 ETF – March by 31.0% during the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock valued at $538,000 after acquiring an additional 4,203 shares in the last quarter. Kestra Advisory Services LLC grew its stake in PGIM S&P 500 Buffer 20 ETF – March by 82.8% during the first quarter. Kestra Advisory Services LLC now owns 11,188 shares of the company’s stock valued at $339,000 after acquiring an additional 5,068 shares in the last quarter. Jim Saulnier & Associates LLC lifted its position in PGIM S&P 500 Buffer 20 ETF – March by 30.4% during the first quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock valued at $2,874,000 after purchasing an additional 22,071 shares during the last quarter. Finally, Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – March during the fourth quarter valued at approximately $543,000.

PGIM S&P 500 Buffer 20 ETF – March Stock Up 0.2%

Shares of BATS:PBMR opened at $32.03 on Friday. The company has a 50 day moving average of $31.20 and a 200 day moving average of $30.74. PGIM S&P 500 Buffer 20 ETF – March has a 12 month low of $28.00 and a 12 month high of $32.99.

About PGIM S&P 500 Buffer 20 ETF – March

(Get Free Report)

The PGIM US Large-Cap Buffer 20 ETF – March (PBMR) 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. PBMR was launched on Feb 29, 2024 and is issued by PGIM.

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