Short Interest in PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Declines By 54.6%

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 5,667 shares, a drop of 54.6% from the June 30th total of 12,481 shares. Based on an average daily volume of 6,783 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PGIM S&P 500 Buffer 20 ETF – June stock. Blue Water Asset Management bought a new position in PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,355 shares of the company’s stock, valued at approximately $758,000. Blue Water Asset Management owned about 3.96% of PGIM S&P 500 Buffer 20 ETF – June as of its most recent filing with the Securities and Exchange Commission (SEC).

PGIM S&P 500 Buffer 20 ETF – June Trading Up 0.1%

PGIM S&P 500 Buffer 20 ETF – June stock opened at $30.75 on Tuesday. The stock has a fifty day moving average price of $30.80 and a 200 day moving average price of $30.42. PGIM S&P 500 Buffer 20 ETF – June has a 52 week low of $28.62 and a 52 week high of $31.56.

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

The PGIM US LARGE-CAP BUFFER 20 ETF – JUNE (PBJN) 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 PBJN was launched on May 31, 2024 and is issued by PGIM.