PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) Short Interest Down 57.4% in May

PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 4,923 shares, a drop of 57.4% from the May 14th total of 11,559 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily volume of 2,241 shares, the days-to-cover ratio is presently 2.2 days.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – August

A number of large investors have recently made changes to their positions in the stock. Spire Wealth Management increased its holdings in shares of PGIM S&P 500 Buffer 20 ETF – August by 2.7% in the 4th quarter. Spire Wealth Management now owns 79,574 shares of the company’s stock valued at $2,384,000 after purchasing an additional 2,082 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – August in the 3rd quarter valued at about $412,000. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – August in the 4th quarter valued at about $314,000. Finally, Royal Bank of Canada purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – August in the 1st quarter valued at about $227,000.

PGIM S&P 500 Buffer 20 ETF – August Trading Up 0.4%

Shares of PBAU opened at $31.19 on Friday. The company has a 50-day simple moving average of $30.82 and a 200-day simple moving average of $30.26. PGIM S&P 500 Buffer 20 ETF – August has a 52-week low of $27.53 and a 52-week high of $32.21.

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

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