PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) Sees Significant Increase in Short Interest

PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 13,208 shares, a growth of 169.5% from the April 30th total of 4,901 shares. Based on an average daily volume of 13,164 shares, the short-interest ratio is currently 1.0 days. Approximately 3.0% of the shares of the company are sold short.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – July

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Compass Advisory Group LLC raised its stake in PGIM S&P 500 Buffer 20 ETF – July by 31.2% during the 4th quarter. Compass Advisory Group LLC now owns 145,889 shares of the company’s stock worth $4,372,000 after acquiring an additional 34,689 shares during the period. Centaurus Financial Inc. raised its stake in PGIM S&P 500 Buffer 20 ETF – July by 53.9% during the 3rd quarter. Centaurus Financial Inc. now owns 70,210 shares of the company’s stock worth $2,065,000 after acquiring an additional 24,599 shares during the period. Foguth Wealth Management LLC. bought a new stake in PGIM S&P 500 Buffer 20 ETF – July during the 4th quarter worth approximately $12,926,000. American Asset Management Inc. raised its stake in PGIM S&P 500 Buffer 20 ETF – July by 47.0% during the 3rd quarter. American Asset Management Inc. now owns 55,852 shares of the company’s stock worth $1,642,000 after acquiring an additional 17,852 shares during the period. Finally, Jim Saulnier & Associates LLC raised its stake in PGIM S&P 500 Buffer 20 ETF – July by 40.4% during the 3rd quarter. Jim Saulnier & Associates LLC now owns 127,411 shares of the company’s stock worth $3,747,000 after acquiring an additional 36,680 shares during the period.

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

BATS:PBJL opened at $31.15 on Friday. The stock has a 50-day simple moving average of $30.52 and a two-hundred day simple moving average of $30.13. PGIM S&P 500 Buffer 20 ETF – July has a 52-week low of $27.31 and a 52-week high of $32.15.

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

The PGIM S&P 500 Buffer 20 ETF – July (PBJL) 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. PBJL was launched on May 7, 2024 and is issued by PGIM.