PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) Short Interest Down 70.0% in July

PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 6,035 shares, a drop of 70.0% from the July 15th total of 20,142 shares. Based on an average daily trading volume, of 4,436 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.2% of the company’s stock are sold short.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – May

An institutional investor recently raised its position in PGIM S&P 500 Buffer 12 ETF – May stock. Commonwealth Equity Services LLC grew its stake in PGIM S&P 500 Buffer 12 ETF – May (BATS:MAYP) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,699 shares of the company’s stock after purchasing an additional 2,560 shares during the quarter. Commonwealth Equity Services LLC owned approximately 15.07% of PGIM S&P 500 Buffer 12 ETF – May worth $1,258,000 as of its most recent filing with the SEC.

PGIM S&P 500 Buffer 12 ETF – May Stock Up 0.3%

MAYP opened at $33.15 on Thursday. The firm’s fifty day moving average price is $32.49 and its 200 day moving average price is $31.82. PGIM S&P 500 Buffer 12 ETF – May has a 12-month low of $29.72 and a 12-month high of $33.18.

PGIM S&P 500 Buffer 12 ETF – May Company Profile

The PGIM S&P 500 Buffer 12 ETF – May (MAYP) 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. MAYP was launched on May 1, 2024 and is issued by PGIM.