PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 20 shares, a drop of 96.9% from the June 15th total of 655 shares. Based on an average daily volume of 4,053 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – March

A number of hedge funds have recently made changes to their positions in PBMR. Blue Water Asset Management bought a new position in shares of PGIM S&P 500 Buffer 20 ETF – March during the 4th quarter worth about $543,000. Kestra Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 20 ETF – March in the fourth quarter valued at about $187,000. Jim Saulnier & Associates LLC increased its stake in PGIM S&P 500 Buffer 20 ETF – March by 30.4% in the first quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock valued at $2,874,000 after acquiring an additional 22,071 shares during the period. Cetera Investment Advisers raised its position in PGIM S&P 500 Buffer 20 ETF – March by 31.0% in the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock worth $538,000 after purchasing an additional 4,203 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in PGIM S&P 500 Buffer 20 ETF – March by 464.2% during the first quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock worth $139,000 after purchasing an additional 3,783 shares during the period.

PGIM S&P 500 Buffer 20 ETF – March Stock Performance

Shares of PBMR traded up $0.20 on Friday, reaching $32.23. 4,544 shares of the stock traded hands, compared to its average volume of 10,686. The stock’s 50-day moving average price is $31.92 and its 200-day moving average price is $31.13. PGIM S&P 500 Buffer 20 ETF – March has a 12 month low of $28.94 and a 12 month high of $32.99.

About PGIM S&P 500 Buffer 20 ETF – March

The PGIM US Large-Cap Buffer 20 ETF – March (PBMR) 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. PBMR was launched on Feb 29, 2024 and is issued by PGIM.