PGIM Laddered S&P 500 Buffer 12 ETF (BATS:BUFP) Sees Significant Drop in Short Interest

PGIM Laddered S&P 500 Buffer 12 ETF (BATS:BUFP) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 34,164 shares, a decrease of 54.6% from the September 30th total of 75,222 shares. Currently, 2.1% of the shares of the company are sold short. Based on an average trading volume of 63,830 shares, the short-interest ratio is currently 0.5 days.

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

Hedge funds have recently added to or reduced their stakes in the business. Foguth Wealth Management LLC. boosted its stake in shares of PGIM Laddered S&P 500 Buffer 12 ETF by 23.7% in the first quarter. Foguth Wealth Management LLC. now owns 230,335 shares of the company’s stock worth $7,380,000 after buying an additional 44,114 shares during the last quarter. Fermata Advisors LLC grew its holdings in PGIM Laddered S&P 500 Buffer 12 ETF by 1.6% during the second quarter. Fermata Advisors LLC now owns 192,219 shares of the company’s stock worth $6,161,000 after acquiring an additional 3,114 shares during the period. Envestnet Asset Management Inc. raised its position in PGIM Laddered S&P 500 Buffer 12 ETF by 32.8% during the second quarter. Envestnet Asset Management Inc. now owns 152,645 shares of the company’s stock valued at $4,892,000 after acquiring an additional 37,710 shares in the last quarter. Cetera Investment Advisers raised its position in PGIM Laddered S&P 500 Buffer 12 ETF by 36.0% during the first quarter. Cetera Investment Advisers now owns 115,477 shares of the company’s stock valued at $3,432,000 after acquiring an additional 30,540 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in PGIM Laddered S&P 500 Buffer 12 ETF by 25.9% in the first quarter. Kestra Advisory Services LLC now owns 110,151 shares of the company’s stock valued at $3,274,000 after acquiring an additional 22,656 shares during the period.

PGIM Laddered S&P 500 Buffer 12 ETF Trading Down 1.1%

BATS:BUFP opened at $32.81 on Friday. The company’s fifty day moving average price is $32.93 and its 200-day moving average price is $31.64. PGIM Laddered S&P 500 Buffer 12 ETF has a 1-year low of $28.69 and a 1-year high of $36.04.

About PGIM Laddered S&P 500 Buffer 12 ETF

The PGIM Laddered Fund of Buffer 12 ETF (BUFP) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of PGIM US Large-Cap Buffer 12 ETFs. BUFP was launched on Jun 11, 2024 and is issued by PGIM.