PGIM S&P 500 Buffer 12 ETF – December (BATS:DECP) Sees Large Drop in Short Interest

PGIM S&P 500 Buffer 12 ETF – December (BATS:DECP) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 1,023 shares, a decline of 84.0% from the May 14th total of 6,412 shares. Based on an average daily trading volume, of 6,245 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – December

A number of hedge funds have recently bought and sold shares of DECP. Commonwealth Equity Services LLC grew its position in PGIM S&P 500 Buffer 12 ETF – December by 119.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 56,299 shares of the company’s stock valued at $1,715,000 after purchasing an additional 30,586 shares during the last quarter. Cypress Financial Planning LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – December during the 4th quarter valued at about $969,000. Kestra Advisory Services LLC increased its stake in PGIM S&P 500 Buffer 12 ETF – December by 29.1% during the 4th quarter. Kestra Advisory Services LLC now owns 13,320 shares of the company’s stock valued at $406,000 after purchasing an additional 3,000 shares in the last quarter. Royal Bank of Canada increased its stake in PGIM S&P 500 Buffer 12 ETF – December by 300.1% during the 1st quarter. Royal Bank of Canada now owns 12,115 shares of the company’s stock valued at $360,000 after purchasing an additional 9,087 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in PGIM S&P 500 Buffer 12 ETF – December by 161.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,777 shares of the company’s stock valued at $261,000 after purchasing an additional 5,418 shares in the last quarter.

PGIM S&P 500 Buffer 12 ETF – December Stock Performance

Shares of DECP stock opened at $32.14 on Wednesday. PGIM S&P 500 Buffer 12 ETF – December has a 12 month low of $27.00 and a 12 month high of $32.57. The company’s fifty day moving average price is $31.53 and its 200-day moving average price is $30.81.

About PGIM S&P 500 Buffer 12 ETF – December

The PGIM S&P 500 Buffer 12 ETF – December (DECP) 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 DECP was launched on May 24, 2024 and is issued by PGIM.