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

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 20 shares, a drop of 96.9% from the June 15th total of 655 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,053 shares, the days-to-cover ratio is presently 0.0 days.

PGIM S&P 500 Buffer 20 ETF – March Price Performance

BATS:PBMR traded up $0.20 on Friday, reaching $32.23. The company’s stock had a trading volume of 4,544 shares, compared to its average volume of 10,686. PGIM S&P 500 Buffer 20 ETF – March has a 12-month low of $28.94 and a 12-month high of $32.99. The stock has a 50 day moving average price of $31.94 and a 200 day moving average price of $31.14.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PBMR. Jim Saulnier & Associates LLC increased its position in shares of 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 acquiring an additional 22,071 shares during the last quarter. Blue Water Asset Management acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – March in the 4th quarter worth approximately $543,000. Cetera Investment Advisers boosted its position in shares of PGIM S&P 500 Buffer 20 ETF – March by 31.0% during the 1st quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock worth $538,000 after purchasing an additional 4,203 shares during the period. Kestra Advisory Services LLC boosted its position in shares of PGIM S&P 500 Buffer 20 ETF – March by 82.8% during the 1st quarter. Kestra Advisory Services LLC now owns 11,188 shares of the company’s stock worth $339,000 after purchasing an additional 5,068 shares during the period. Finally, Royal Bank of Canada increased its holdings in PGIM S&P 500 Buffer 20 ETF – March by 464.2% in the 1st quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock valued at $139,000 after purchasing an additional 3,783 shares during the last quarter.

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

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.