PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Short Interest Down 96.9% in June

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 20 shares, a decrease of 96.9% from the June 15th total of 655 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,053 shares, the short-interest ratio is currently 0.0 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in shares of PGIM S&P 500 Buffer 20 ETF – March by 464.2% during the first quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock valued at $139,000 after acquiring an additional 3,783 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – March in the fourth quarter worth $187,000. Cetera Investment Advisers increased its holdings in PGIM S&P 500 Buffer 20 ETF – March by 31.0% in the first quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock valued at $538,000 after purchasing an additional 4,203 shares during the period. Blue Water Asset Management acquired a new stake in PGIM S&P 500 Buffer 20 ETF – March in the fourth quarter valued at $543,000. Finally, Jim Saulnier & Associates LLC raised its position in PGIM S&P 500 Buffer 20 ETF – March by 30.4% during the 1st quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock worth $2,874,000 after purchasing an additional 22,071 shares during the last quarter.

PGIM S&P 500 Buffer 20 ETF – March Stock Performance

Shares of PBMR traded up $0.20 during midday trading on Friday, hitting $32.23. The stock had a trading volume of 4,544 shares, compared to its average volume of 10,686. The company has a 50 day simple moving average of $31.94 and a two-hundred day simple moving average of $31.14. PGIM S&P 500 Buffer 20 ETF – March has a twelve month low of $28.94 and a twelve month high of $32.99.

About PGIM S&P 500 Buffer 20 ETF – March

The PGIM US Large-Cap Buffer 20 ETF – March (PBMR) 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. PBMR was launched on Feb 29, 2024 and is issued by PGIM.