PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Sees Large Increase in Short Interest

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 14,047 shares, an increase of 147.9% from the July 15th total of 5,667 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,322 shares, the days-to-cover ratio is currently 2.2 days.

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

Shares of BATS:PBJN opened at $31.46 on Friday. The business’s fifty day moving average price is $30.89 and its two-hundred day moving average price is $30.53. PGIM S&P 500 Buffer 20 ETF – June has a fifty-two week low of $28.87 and a fifty-two week high of $31.56.

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

An institutional investor recently raised its stake in PGIM S&P 500 Buffer 20 ETF – June stock. PNC Financial Services Group Inc. lifted its holdings in shares of PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) by 131.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,388 shares of the company’s stock after buying an additional 789 shares during the quarter. PNC Financial Services Group Inc. owned about 0.22% of PGIM S&P 500 Buffer 20 ETF – June worth $41,000 at the end of the most recent quarter.

About PGIM S&P 500 Buffer 20 ETF – June

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.