PGIM S&P 500 Buffer 12 ETF – December (BATS:DECP) Sees Large Increase in Short Interest

by · The Markets Daily

PGIM S&P 500 Buffer 12 ETF – December (BATS:DECP – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 8,342 shares. Based on an average daily trading volume, of 3,554 shares, the days-to-cover ratio is currently 2.3 days. Currently, 3.1% of the shares of the stock are short sold.

PGIM S&P 500 Buffer 12 ETF – December Stock Down 0.1%

DECP opened at $33.43 on Wednesday. The business’s fifty day simple moving average is $33.15 and its 200 day simple moving average is $32.15. PGIM S&P 500 Buffer 12 ETF – December has a 52 week low of $28.97 and a 52 week high of $33.63.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of PGIM S&P 500 Buffer 12 ETF – December by 573.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 53,716 shares of the company’s stock valued at $1,745,000 after acquiring an additional 45,739 shares during the period. Royal Bank of Canada boosted its position in PGIM S&P 500 Buffer 12 ETF – December by 300.1% during the 1st quarter. Royal Bank of Canada now owns 12,115 shares of the company’s stock worth $360,000 after purchasing an additional 9,087 shares during the period. NewEdge Advisors LLC purchased a new stake in PGIM S&P 500 Buffer 12 ETF – December during the 1st quarter worth $210,000. Finally, PNC Financial Services Group Inc. increased its holdings in PGIM S&P 500 Buffer 12 ETF – December by 161.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,777 shares of the company’s stock valued at $261,000 after purchasing an additional 5,418 shares in the last quarter.

About PGIM S&P 500 Buffer 12 ETF – December

(Get Free Report)

The PGIM S&P 500 Buffer 12 ETF – December (DECP) 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 DECP was launched on May 24, 2024 and is issued by PGIM.

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