PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,291 shares, an increase of 2,532.8% from the June 15th total of 125 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,891 shares, the short-interest ratio is presently 0.8 days.

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

Shares of BATS:PBSE traded up $0.18 during midday trading on Friday, reaching $31.00. 328 shares of the company were exchanged, compared to its average volume of 7,800. The business’s fifty day moving average is $30.68 and its two-hundred day moving average is $29.96. PGIM S&P 500 Buffer 20 ETF – September has a one year low of $27.91 and a one year high of $31.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PBSE. Kestra Advisory Services LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – September during the fourth quarter valued at about $161,000. Royal Bank of Canada bought a new position in PGIM S&P 500 Buffer 20 ETF – September during the first quarter valued at approximately $210,000. Raymond James Financial Inc. bought a new position in PGIM S&P 500 Buffer 20 ETF – September during the third quarter valued at approximately $227,000. Finally, Richard P Slaughter Associates Inc grew its holdings in PGIM S&P 500 Buffer 20 ETF – September by 4.2% during the 4th quarter. Richard P Slaughter Associates Inc now owns 441,890 shares of the company’s stock valued at $13,019,000 after buying an additional 17,943 shares in the last quarter.

About PGIM S&P 500 Buffer 20 ETF – September

The PGIM US Large-Cap Buffer 20 ETF – September (PBSE) 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 PBSE was launched on May 14, 2024 and is issued by PGIM.