PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,233 shares, a decline of 72.1% from the June 30th total of 4,424 shares. Based on an average daily volume of 3,549 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its position in PGIM S&P 500 Buffer 12 ETF – March by 6.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 45,791 shares of the company’s stock valued at $1,466,000 after acquiring an additional 2,840 shares during the last quarter. Royal Bank of Canada acquired a new stake in PGIM S&P 500 Buffer 12 ETF – March in the first quarter valued at approximately $311,000. Finally, PNC Financial Services Group Inc. grew its holdings in PGIM S&P 500 Buffer 12 ETF – March by 224.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the company’s stock worth $63,000 after purchasing an additional 1,382 shares during the last quarter.

PGIM S&P 500 Buffer 12 ETF – March Trading Up 0.2%

Shares of PGIM S&P 500 Buffer 12 ETF – March stock opened at $34.34 on Friday. The company has a 50-day simple moving average of $34.26 and a two-hundred day simple moving average of $33.14. PGIM S&P 500 Buffer 12 ETF – March has a one year low of $29.95 and a one year high of $34.61.

About PGIM S&P 500 Buffer 12 ETF – March

The PGIM US Large-Cap Buffer 12 ETF – March (MRCP) 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. MRCP was launched on Feb 29, 2024 and is issued by PGIM.