PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Short Interest Up 50.9% in July

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,868 shares, a growth of 50.9% from the July 15th total of 1,238 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 4,215 shares, the days-to-cover ratio is currently 0.4 days.

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

BATS PBMR opened at $32.56 on Wednesday. The firm has a 50-day moving average of $32.18 and a 200-day moving average of $31.48. PGIM S&P 500 Buffer 20 ETF – March has a 52-week low of $29.27 and a 52-week high of $32.99.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – March

Several hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased 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 worth $139,000 after purchasing an additional 3,783 shares during the period. Cetera Investment Advisers boosted its stake in PGIM S&P 500 Buffer 20 ETF – March by 31.0% in the 1st 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. Kestra Advisory Services LLC grew its holdings in PGIM S&P 500 Buffer 20 ETF – March by 82.8% in the 1st quarter. Kestra Advisory Services LLC now owns 11,188 shares of the company’s stock valued at $339,000 after buying an additional 5,068 shares in the last quarter. Blue Water Asset Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – March in the 4th quarter valued at $543,000. Finally, Jim Saulnier & Associates LLC increased 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 buying an additional 22,071 shares during the period.

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.