PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) Sees Large Increase in Short Interest

PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 11,559 shares, a growth of 331.8% from the April 30th total of 2,677 shares. Based on an average daily volume of 9,655 shares, the days-to-cover ratio is currently 1.2 days. Currently, 4.6% of the shares of the stock are sold short.

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

Several large investors have recently made changes to their positions in PBAU. Jim Saulnier & Associates LLC increased its position in shares of PGIM S&P 500 Buffer 20 ETF – August by 281.8% during the third quarter. Jim Saulnier & Associates LLC now owns 96,541 shares of the company’s stock worth $2,840,000 after purchasing an additional 71,256 shares in the last quarter. American Asset Management Inc. purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – August during the third quarter worth approximately $835,000. Kestra Private Wealth Services LLC acquired a new position in PGIM S&P 500 Buffer 20 ETF – August during the third quarter worth $412,000. Spire Wealth Management boosted its stake in PGIM S&P 500 Buffer 20 ETF – August by 2.7% during the fourth quarter. Spire Wealth Management now owns 79,574 shares of the company’s stock worth $2,384,000 after buying an additional 2,082 shares during the last quarter. Finally, Blue Water Asset Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – August during the fourth quarter worth $314,000.

PGIM S&P 500 Buffer 20 ETF – August Trading Up 0.2%

Shares of PBAU opened at $31.27 on Friday. PGIM S&P 500 Buffer 20 ETF – August has a one year low of $27.35 and a one year high of $32.21. The stock has a 50 day moving average price of $30.50 and a 200 day moving average price of $30.13.

About PGIM S&P 500 Buffer 20 ETF – August

The PGIM S&P 500 Buffer 20 ETF – August (PBAU) 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 PBAU was launched on May 7, 2024 and is issued by PGIM.