PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 19,163 shares, an increase of 190.0% from the August 31st total of 6,607 shares. Currently, 5.6% of the company’s shares are short sold. Based on an average daily volume of 3,942 shares, the days-to-cover ratio is currently 4.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PGIM S&P 500 Buffer 12 ETF – July stock. Royal Bank of Canada increased its holdings in PGIM S&P 500 Buffer 12 ETF – July (BATS:JULP) by 628.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,962 shares of the company’s stock after purchasing an additional 18,947 shares during the period. Royal Bank of Canada owned approximately 6.46% of PGIM S&P 500 Buffer 12 ETF – July worth $666,000 as of its most recent SEC filing.

PGIM S&P 500 Buffer 12 ETF – July Price Performance

Shares of PGIM S&P 500 Buffer 12 ETF – July stock traded up $0.12 on Friday, reaching $33.54. 53 shares of the company’s stock were exchanged, compared to its average volume of 5,952. The firm’s 50-day moving average is $33.15 and its two-hundred day moving average is $32.30. PGIM S&P 500 Buffer 12 ETF – July has a 52 week low of $28.58 and a 52 week high of $33.60.

PGIM S&P 500 Buffer 12 ETF – July Company Profile

The PGIM S&P 500 Buffer 12 ETF – July (JULP) 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. JULP was launched on May 8, 2024 and is issued by PGIM.