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

PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,142 shares, a decline of 74.1% from the June 15th total of 4,412 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 3,804 shares, the short-interest ratio is presently 0.3 days.

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

PBAU traded up $0.18 during trading on Friday, hitting $31.56. The company had a trading volume of 4,107 shares, compared to its average volume of 3,867. PGIM S&P 500 Buffer 20 ETF – August has a 1-year low of $28.36 and a 1-year high of $32.21. The business has a 50-day moving average of $31.22 and a 200-day moving average of $30.49.

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

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada acquired a new position in PGIM S&P 500 Buffer 20 ETF – August in the first quarter worth about $227,000. Blue Water Asset Management acquired a new stake in PGIM S&P 500 Buffer 20 ETF – August during the fourth quarter valued at approximately $314,000. Kestra Private Wealth Services LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – August during the third quarter valued at approximately $412,000. Finally, Spire Wealth Management lifted its holdings in PGIM S&P 500 Buffer 20 ETF – August by 2.7% during the 4th 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.

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

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.