PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) Stock Short Interest Declines 51.0%

PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 8,057 shares, a decline of 51.0% from the August 31st total of 16,445 shares. Based on an average trading volume of 7,701 shares, the short-interest ratio is presently 1.0 days. Approximately 3.2% of the shares of the stock are short sold.

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

BATS PBAU opened at $32.09 on Thursday. The stock’s 50-day simple moving average is $31.97 and its two-hundred day simple moving average is $31.24. PGIM S&P 500 Buffer 20 ETF – August has a twelve month low of $29.15 and a twelve month high of $32.23.

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

An institutional investor recently raised its position in PGIM S&P 500 Buffer 20 ETF – August stock. Kintra Wealth LLC boosted its position in PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) by 106.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,574 shares of the company’s stock after buying an additional 24,581 shares during the quarter. Kintra Wealth LLC owned approximately 19.03% of PGIM S&P 500 Buffer 20 ETF – August worth $1,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About PGIM S&P 500 Buffer 20 ETF – August

The PGIM S&P 500 Buffer 20 ETF – August (PBAU) 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 PBAU was launched on May 7, 2024 and is issued by PGIM.