PGIM Nasdaq-100 Buffer 12 ETF – April (NASDAQ:PQAP) Sees Large Increase in Short Interest

PGIM Nasdaq-100 Buffer 12 ETF – April (NASDAQ:PQAP) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 17,332 shares, an increase of 86,560.0% from the September 30th total of 20 shares. Based on an average daily trading volume, of 3,602 shares, the days-to-cover ratio is currently 4.8 days. Currently, 1.8% of the shares of the stock are short sold.

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

An institutional investor recently bought a new stake in PGIM Nasdaq-100 Buffer 12 ETF – April stock. Citadel Advisors LLC purchased a new position in PGIM Nasdaq-100 Buffer 12 ETF – April (NASDAQ:PQAP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,464 shares of the company’s stock, valued at approximately $239,000. Citadel Advisors LLC owned approximately 0.90% of PGIM Nasdaq-100 Buffer 12 ETF – April as of its most recent SEC filing.

PGIM Nasdaq-100 Buffer 12 ETF – April Price Performance

Shares of PQAP stock traded up $0.16 during mid-day trading on Monday, hitting $32.87. The company had a trading volume of 147 shares, compared to its average volume of 5,583. PGIM Nasdaq-100 Buffer 12 ETF – April has a 52-week low of $27.83 and a 52-week high of $33.27. The stock’s 50 day moving average price is $32.79 and its 200-day moving average price is $32.05. The company has a market capitalization of $31.88 million, a P/E ratio of 30.53 and a beta of 0.43.

About PGIM Nasdaq-100 Buffer 12 ETF – April

The PGIM Nasdaq-100 Buffer 12 ETF – April (PQAP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the Invesco QQQ Trust over a specific holdings period. The actively managed fund holds FLEX options. PQAP was launched on Dec 27, 2024 and is issued by PGIM.