Short Interest in PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) Increases By 219.5%

PGIM S&P 500 Buffer 12 ETF – April (BATS:APRPGet Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 5,326 shares, a growth of 219.5% from the August 15th total of 1,667 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average trading volume of 4,086 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in APRP. Royal Bank of Canada grew its stake in PGIM S&P 500 Buffer 12 ETF – April by 332.3% in the first quarter. Royal Bank of Canada now owns 10,807 shares of the company’s stock worth $288,000 after purchasing an additional 8,307 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in PGIM S&P 500 Buffer 12 ETF – April during the 4th quarter valued at $172,000. Commonwealth Equity Services LLC raised its position in PGIM S&P 500 Buffer 12 ETF – April by 10.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 33,628 shares of the company’s stock valued at $999,000 after purchasing an additional 3,104 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – April by 2.7% in the 2nd quarter. Cetera Investment Advisers now owns 23,588 shares of the company’s stock worth $664,000 after buying an additional 613 shares during the period.

PGIM S&P 500 Buffer 12 ETF – April Stock Performance

APRP opened at $33.26 on Monday. PGIM S&P 500 Buffer 12 ETF – April has a 12 month low of $28.87 and a 12 month high of $33.37. The stock has a 50-day moving average of $32.95 and a 200 day moving average of $31.97.

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

(Get Free Report)

The PGIM US Large-Cap Buffer 12 ETF – April (APRP) 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. APRP was launched on Mar 29, 2024 and is issued by PGIM.

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