PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Sees Significant Decrease in Short Interest
by Danessa Lincoln · The Markets DailyPGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP – Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 121 shares, a decrease of 94.3% from the June 30th total of 2,105 shares. Based on an average daily trading volume, of 2,141 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – February
Several hedge funds have recently made changes to their positions in FEBP. Kestra Advisory Services LLC acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – February during the fourth quarter worth about $120,000. Cetera Investment Advisers purchased a new stake in shares of PGIM S&P 500 Buffer 12 ETF – February in the 1st quarter valued at about $447,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of PGIM S&P 500 Buffer 12 ETF – February by 18.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 17,987 shares of the company’s stock valued at $573,000 after purchasing an additional 2,739 shares during the period.
PGIM S&P 500 Buffer 12 ETF – February Trading Up 0.1%
Shares of BATS FEBP traded up $0.03 during mid-day trading on Friday, reaching $34.00. The company had a trading volume of 3,397 shares, compared to its average volume of 5,136. The firm has a 50 day simple moving average of $33.91 and a two-hundred day simple moving average of $32.84. PGIM S&P 500 Buffer 12 ETF – February has a 52-week low of $29.62 and a 52-week high of $34.30.
About PGIM S&P 500 Buffer 12 ETF – February
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.