Short Interest in PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Rises By 129.7%

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 15,944 shares, an increase of 129.7% from the January 15th total of 6,941 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 12,592 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 12,592 shares, the short-interest ratio is currently 1.3 days. Approximately 1.4% of the company’s shares are sold short.

Institutional Investors Weigh In On PGIM Laddered Nasdaq-100 Buffer 12 ETF

Several institutional investors have recently added to or reduced their stakes in the company. DHJJ Financial Advisors Ltd. increased its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 98.3% in the third quarter. DHJJ Financial Advisors Ltd. now owns 1,787 shares of the company’s stock valued at $50,000 after acquiring an additional 886 shares during the period. AssuredPartners Investment Advisors LLC bought a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the third quarter worth about $244,000. Commonwealth Equity Services LLC increased its holdings in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock valued at $779,000 after purchasing an additional 2,571 shares during the period. Finally, Foguth Wealth Management LLC. bought a new position in PGIM Laddered Nasdaq-100 Buffer 12 ETF during the 4th quarter valued at approximately $12,360,000.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Performance

PBQQ stock traded down $0.21 during trading on Thursday, hitting $28.71. 3,951 shares of the company traded hands, compared to its average volume of 15,822. The company has a 50-day moving average of $28.87 and a 200-day moving average of $28.25. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 1 year low of $22.43 and a 1 year high of $29.28. The firm has a market capitalization of $32.73 million, a PE ratio of 30.37 and a beta of 0.54.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were issued a $0.0042 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 1.0%.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Company Profile

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) 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 four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.