PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Up 71.1% in March

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 8,477 shares, a growth of 71.1% from the February 26th total of 4,955 shares. Based on an average trading volume of 7,626 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.7% of the company’s stock are sold short.

Hedge Funds Weigh In On PGIM Laddered Nasdaq-100 Buffer 12 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. DHJJ Financial Advisors Ltd. grew its position in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 98.3% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 1,787 shares of the company’s stock worth $50,000 after purchasing an additional 886 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter worth $224,000. AssuredPartners Investment Advisors LLC acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the third quarter worth $244,000. OLD Mission Capital LLC purchased a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the fourth quarter valued at $414,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock valued at $779,000 after buying an additional 2,571 shares in the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Down 1.0%

Shares of NASDAQ PBQQ traded down $0.28 during trading on Friday, reaching $27.95. 6,111 shares of the stock were exchanged, compared to its average volume of 14,754. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a twelve month low of $22.43 and a twelve month high of $29.28. The company has a market capitalization of $31.86 million, a price-to-earnings ratio of 30.37 and a beta of 0.54. The business’s 50-day moving average price is $28.79 and its 200 day moving average price is $28.53.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Announces Dividend

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

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

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.