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

by · The Markets Daily

PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE – Get Free Report) saw a large increase in short interest in 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. Based on an average daily volume of 3,891 shares, the short-interest ratio is currently 0.8 days. Currently, 1.2% of the shares of the stock are sold short.

PGIM S&P 500 Buffer 20 ETF – September Stock Up 0.6%

PBSE stock traded up $0.18 on Friday, hitting $31.00. 328 shares of the company’s stock traded hands, compared to its average volume of 7,800. PGIM S&P 500 Buffer 20 ETF – September has a 1-year low of $27.91 and a 1-year high of $31.01. The stock has a fifty day moving average of $30.68 and a 200-day moving average of $29.96.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – September in the 4th quarter valued at approximately $161,000. Royal Bank of Canada purchased a new position in PGIM S&P 500 Buffer 20 ETF – September during the 1st quarter worth approximately $210,000. Raymond James Financial Inc. purchased a new position in PGIM S&P 500 Buffer 20 ETF – September during the 3rd quarter worth approximately $227,000. Finally, Richard P Slaughter Associates Inc raised its stake 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 purchasing an additional 17,943 shares during the period.

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

(Get Free Report)

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.

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