PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Sees Large Decline in Short Interest

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,667 shares, a decrease of 54.6% from the June 30th total of 12,481 shares. Based on an average daily volume of 6,783 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.9% of the shares of the stock are short sold.

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

A hedge fund recently bought a new stake in PGIM S&P 500 Buffer 20 ETF – June stock. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 25,355 shares of the company’s stock, valued at approximately $758,000. Blue Water Asset Management owned about 3.96% of PGIM S&P 500 Buffer 20 ETF – June at the end of the most recent quarter.

PGIM S&P 500 Buffer 20 ETF – June Price Performance

PBJN remained flat at $30.80 on Wednesday. 12,758 shares of the company’s stock traded hands, compared to its average volume of 10,939. PGIM S&P 500 Buffer 20 ETF – June has a 52 week low of $28.62 and a 52 week high of $31.56. The firm’s fifty day simple moving average is $30.80 and its 200-day simple moving average is $30.43.

PGIM S&P 500 Buffer 20 ETF – June Company Profile

The PGIM US LARGE-CAP BUFFER 20 ETF – JUNE (PBJN) 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 PBJN was launched on May 31, 2024 and is issued by PGIM.