PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Sees Significant Decrease in Short Interest

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 36 shares, a drop of 97.0% from the May 14th total of 1,190 shares. Based on an average daily trading volume, of 4,477 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

PGIM S&P 500 Buffer 12 ETF – November Stock Down 0.2%

NOVP stock traded down $0.06 during trading on Tuesday, reaching $32.16. 505 shares of the stock were exchanged, compared to its average volume of 5,158. PGIM S&P 500 Buffer 12 ETF – November has a twelve month low of $27.82 and a twelve month high of $32.64. The stock has a 50 day simple moving average of $31.46 and a 200-day simple moving average of $30.76.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – November

A number of institutional investors have recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new stake in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth about $42,000. DHJJ Financial Advisors Ltd. acquired a new stake in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth about $56,000. Royal Bank of Canada grew its position in PGIM S&P 500 Buffer 12 ETF – November by 88.5% during the fourth quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock worth $221,000 after buying an additional 3,410 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in PGIM S&P 500 Buffer 12 ETF – November during the fourth quarter worth about $391,000. Finally, Maltin Wealth Management Inc. acquired a new stake in PGIM S&P 500 Buffer 12 ETF – November during the first quarter worth about $495,000.

About PGIM S&P 500 Buffer 12 ETF – November

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.