PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Short Interest Up 222.7% in June

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,330 shares, a growth of 222.7% from the May 31st total of 1,032 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 3,149 shares, the days-to-cover ratio is currently 1.1 days.

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

PBFB stock opened at $31.73 on Monday. PGIM S&P 500 Buffer 20 ETF – February has a twelve month low of $28.54 and a twelve month high of $32.79. The business’s fifty day simple moving average is $31.61 and its two-hundred day simple moving average is $30.87.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. American Asset Management Inc. lifted its holdings in PGIM S&P 500 Buffer 20 ETF – February by 551.9% during the 1st quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock valued at $2,527,000 after buying an additional 71,215 shares in the last quarter. Jim Saulnier & Associates LLC grew its stake in PGIM S&P 500 Buffer 20 ETF – February by 94.1% in the 1st quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock worth $2,816,000 after acquiring an additional 45,460 shares in the last quarter. Kestra Advisory Services LLC grew its stake in PGIM S&P 500 Buffer 20 ETF – February by 70.6% in the 1st quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after acquiring an additional 12,763 shares in the last quarter. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – February during the fourth quarter worth approximately $349,000. Finally, Royal Bank of Canada purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – February during the first quarter worth approximately $231,000.

About PGIM S&P 500 Buffer 20 ETF – February

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.