PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Short Interest Up 1,256.4% in May
by Scott Moore · The Cerbat GemPGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,513 shares, an increase of 1,256.4% from the May 14th total of 259 shares. Based on an average daily volume of 6,902 shares, the short-interest ratio is presently 0.5 days. Currently, 1.3% of the shares of the company are sold short.
PGIM S&P 500 Buffer 12 ETF – February Trading Down 0.2%
Shares of PGIM S&P 500 Buffer 12 ETF – February stock traded down $0.06 during trading on Tuesday, hitting $33.69. 335 shares of the company’s stock were exchanged, compared to its average volume of 5,663. The business has a 50-day simple moving average of $33.09 and a 200-day simple moving average of $32.31. PGIM S&P 500 Buffer 12 ETF – February has a 52-week low of $28.71 and a 52-week high of $34.11.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC raised its holdings in shares of PGIM S&P 500 Buffer 12 ETF – February by 18.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock worth $573,000 after purchasing an additional 2,739 shares during the last quarter. Cetera Investment Advisers purchased a new position in PGIM S&P 500 Buffer 12 ETF – February in the first quarter valued at $447,000. Finally, Kestra Advisory Services LLC increased its holdings in PGIM S&P 500 Buffer 12 ETF – February by 113.8% in the first quarter. Kestra Advisory Services LLC now owns 8,068 shares of the company’s stock valued at $252,000 after buying an additional 4,295 shares in the last quarter.
PGIM S&P 500 Buffer 12 ETF – February Company Profile
The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.