PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Up 231.8% in January

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 6,941 shares, a growth of 231.8% from the December 31st total of 2,092 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 6,733 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 6,733 shares, the short-interest ratio is currently 1.0 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Trading of PGIM Laddered Nasdaq-100 Buffer 12 ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Foguth Wealth Management LLC. purchased a new position in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 4th quarter worth about $12,360,000. AssuredPartners Investment Advisors LLC purchased a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 3rd quarter valued at about $244,000. Finally, DHJJ Financial Advisors Ltd. grew its stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock worth $141,000 after acquiring an additional 3,104 shares in the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Price Performance

Shares of NASDAQ PBQQ traded down $0.03 during mid-day trading on Wednesday, hitting $29.20. 4,971 shares of the company’s stock traded hands, compared to its average volume of 8,548. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 1 year low of $22.43 and a 1 year high of $29.28. The company’s 50-day moving average is $28.74 and its two-hundred day moving average is $28.12. The company has a market capitalization of $31.54 million, a P/E ratio of 30.37 and a beta of 0.54.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were issued a $0.0042 dividend. This represents a dividend yield of 1.0%. The ex-dividend date was Tuesday, December 30th.

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) 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 four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.