PGIM Laddered S&P 500 Buffer 12 ETF (BATS:BUFP) Sees Significant Growth in Short Interest

PGIM Laddered S&P 500 Buffer 12 ETF (BATS:BUFP) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 41,500 shares, an increase of 84.0% from the June 15th total of 22,552 shares. Based on an average trading volume of 46,711 shares, the short-interest ratio is currently 0.9 days. Currently, 2.6% of the shares of the company are sold short.

PGIM Laddered S&P 500 Buffer 12 ETF Stock Performance

Shares of BUFP stock opened at $32.24 on Friday. The business has a fifty day moving average of $31.93 and a 200 day moving average of $30.92. PGIM Laddered S&P 500 Buffer 12 ETF has a 1 year low of $28.02 and a 1 year high of $33.13.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Adamsbrown Wealth Consultants LLC purchased a new position in shares of PGIM Laddered S&P 500 Buffer 12 ETF in the second quarter worth about $204,000. Fermata Advisors LLC lifted its holdings in shares of PGIM Laddered S&P 500 Buffer 12 ETF by 1.6% during the second quarter. Fermata Advisors LLC now owns 192,219 shares of the company’s stock worth $6,161,000 after purchasing an additional 3,114 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of PGIM Laddered S&P 500 Buffer 12 ETF by 7.3% during the first quarter. NewEdge Advisors LLC now owns 33,701 shares of the company’s stock worth $1,002,000 after purchasing an additional 2,300 shares during the period. Foguth Wealth Management LLC. boosted its position in PGIM Laddered S&P 500 Buffer 12 ETF by 23.7% in the first quarter. Foguth Wealth Management LLC. now owns 230,335 shares of the company’s stock valued at $7,380,000 after buying an additional 44,114 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its position in PGIM Laddered S&P 500 Buffer 12 ETF by 41.3% in the first quarter. Centaurus Financial Inc. now owns 99,221 shares of the company’s stock valued at $2,949,000 after buying an additional 28,986 shares during the last quarter.

PGIM Laddered S&P 500 Buffer 12 ETF Company Profile

The PGIM Laddered Fund of Buffer 12 ETF (BUFP) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of PGIM US Large-Cap Buffer 12 ETFs. BUFP was launched on Jun 11, 2024 and is issued by PGIM.