PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 38,945 shares, an increase of 158.4% from the May 31st total of 15,073 shares. Approximately 4.9% of the company’s stock are sold short. Based on an average daily trading volume, of 4,780 shares, the days-to-cover ratio is presently 8.1 days.

PGIM S&P 500 Buffer 20 ETF – April Stock Performance

Shares of PBAP opened at $30.85 on Monday. PGIM S&P 500 Buffer 20 ETF – April has a 1-year low of $27.67 and a 1-year high of $31.89. The company’s fifty day simple moving average is $30.75 and its 200 day simple moving average is $29.75.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PBAP. Cetera Investment Advisers increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – April by 23.5% during the 2nd quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock worth $347,000 after purchasing an additional 2,378 shares during the last quarter. Citadel Advisors LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – April in the 3rd quarter valued at about $410,000. Finally, Blue Water Asset Management bought a new position in PGIM S&P 500 Buffer 20 ETF – April during the fourth quarter worth about $839,000.

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

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.