PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Sees Large Decline in Short Interest

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAPGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 17,423 shares, a decrease of 40.7% from the June 30th total of 29,393 shares. Based on an average trading volume of 7,351 shares, the short-interest ratio is currently 2.4 days. Currently, 2.2% of the shares of the company are short sold.

PGIM S&P 500 Buffer 20 ETF – April Stock Down 0.6%

Shares of PGIM S&P 500 Buffer 20 ETF – April stock opened at $30.93 on Thursday. The business has a fifty day simple moving average of $30.96 and a two-hundred day simple moving average of $30.09. PGIM S&P 500 Buffer 20 ETF – April has a 1 year low of $27.76 and a 1 year high of $31.98.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – April

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

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

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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.

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