PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 9,769 shares, a drop of 43.9% from the July 15th total of 17,423 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 4,139 shares, the short-interest ratio is currently 2.4 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of PBAP. Cetera Investment Advisers grew its position in shares of PGIM S&P 500 Buffer 20 ETF – April by 23.5% during the second quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock worth $347,000 after acquiring an additional 2,378 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – April in the 3rd quarter worth about $410,000. Finally, Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – April in the 4th quarter valued at about $839,000.

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

BATS:PBAP opened at $31.48 on Monday. The business has a 50 day simple moving average of $31.07 and a 200 day simple moving average of $30.28. PGIM S&P 500 Buffer 20 ETF – April has a 12-month low of $28.01 and a 12-month high of $31.98.

PGIM S&P 500 Buffer 20 ETF – April Company Profile

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.