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

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 16,135 shares, a growth of 86.7% from the August 31st total of 8,643 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 3,139 shares, the short-interest ratio is presently 5.1 days.

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

Shares of BATS:PBAP opened at $31.67 on Wednesday. The company’s 50-day moving average is $31.44 and its 200 day moving average is $30.82. PGIM S&P 500 Buffer 20 ETF – April has a fifty-two week low of $28.25 and a fifty-two week high of $31.98.

Institutional Inflows and Outflows

A hedge fund recently raised its position in PGIM S&P 500 Buffer 20 ETF – April stock. Jim Saulnier & Associates LLC grew its stake in shares of PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP – Free Report) by 41.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 81,028 shares of the company’s stock after acquiring an additional 23,794 shares during the period. PGIM S&P 500 Buffer 20 ETF – April comprises 1.2% of Jim Saulnier & Associates LLC’s investment portfolio, making the stock its 20th biggest position. Jim Saulnier & Associates LLC owned approximately 10.26% of PGIM S&P 500 Buffer 20 ETF – April worth $2,513,000 as of its most recent filing with the Securities & Exchange Commission.

About PGIM S&P 500 Buffer 20 ETF – April

(Get Free Report)

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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