PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Up 157.1% in May

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 28,782 shares, a growth of 157.1% from the May 14th total of 11,197 shares. Based on an average daily trading volume, of 22,075 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.4% of the company’s shares are sold short.

Institutional Investors Weigh In On PGIM Laddered Nasdaq-100 Buffer 12 ETF

Institutional investors have recently modified their holdings of the company. Foguth Wealth Management LLC. acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter valued at $12,360,000. AssuredPartners Investment Advisors LLC grew its stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 623.3% in the fourth quarter. AssuredPartners Investment Advisors LLC now owns 62,724 shares of the company’s stock valued at $1,808,000 after buying an additional 54,052 shares in the last quarter. DHJJ Financial Advisors Ltd. grew its stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock valued at $141,000 after buying an additional 3,104 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter valued at $414,000. Finally, Cetera Investment Advisers acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter valued at $224,000.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Performance

Shares of NASDAQ PBQQ traded up $0.07 during trading on Friday, reaching $31.25. The stock had a trading volume of 12,004 shares, compared to its average volume of 20,410. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a fifty-two week low of $25.97 and a fifty-two week high of $31.70. The business’s 50-day moving average price is $30.60 and its 200-day moving average price is $29.40. The company has a market cap of $62.81 million, a P/E ratio of 30.37 and a beta of 0.64.

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.