PGIM S&P 500 Buffer 12 ETF – October (BATS:OCTP – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 28,351 shares, an increase of 71.9% from the September 30th total of 16,497 shares. Currently, 5.7% of the company’s stock are short sold. Based on an average daily volume of 32,053 shares, the short-interest ratio is presently 0.9 days.
PGIM S&P 500 Buffer 12 ETF – October Trading Up 0.3%
Shares of OCTP stock opened at $33.37 on Wednesday. PGIM S&P 500 Buffer 12 ETF – October has a 1 year low of $29.03 and a 1 year high of $33.96. The firm’s fifty day moving average price is $33.46 and its two-hundred day moving average price is $31.91.
Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – October
Hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its holdings in PGIM S&P 500 Buffer 12 ETF – October by 13.1% during the first quarter. PNC Financial Services Group Inc. now owns 5,361 shares of the company’s stock worth $159,000 after acquiring an additional 622 shares in the last quarter. NewEdge Advisors LLC boosted its position in PGIM S&P 500 Buffer 12 ETF – October by 3.1% during the second quarter. NewEdge Advisors LLC now owns 25,020 shares of the company’s stock valued at $809,000 after purchasing an additional 750 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 12 ETF – October during the second quarter valued at approximately $41,000. Royal Bank of Canada acquired a new position in PGIM S&P 500 Buffer 12 ETF – October during the first quarter valued at approximately $141,000. Finally, Cypress Financial Planning LLC bought a new position in PGIM S&P 500 Buffer 12 ETF – October in the third quarter valued at approximately $292,000.
PGIM S&P 500 Buffer 12 ETF – October Company Profile
The PGIM US Large-Cap Buffer 12 ETF – October (OCTP) 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 OCTP was launched on May 17, 2024 and is issued by PGIM.
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