PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) Stock Short Interest Climbs 91.6%

PGIM S&P 500 Buffer 12 ETF – February (BATS:FEBP) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,030 shares, a growth of 91.6% from the September 30th total of 4,192 shares. Approximately 2.9% of the company’s shares are short sold. Based on an average daily volume of 7,401 shares, the short-interest ratio is presently 1.1 days.

PGIM S&P 500 Buffer 12 ETF – February Trading Down 0.3%

BATS FEBP opened at $34.79 on Tuesday. PGIM S&P 500 Buffer 12 ETF – February has a fifty-two week low of $30.68 and a fifty-two week high of $35.33. The stock has a 50 day simple moving average of $34.98 and a two-hundred day simple moving average of $33.57.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 12 ETF – February

A number of hedge funds and other institutional investors have recently made changes to their positions in FEBP. Commonwealth Equity Services LLC purchased a new stake in PGIM S&P 500 Buffer 12 ETF – February in the third quarter worth $517,000. Cypress Financial Planning LLC increased its position in PGIM S&P 500 Buffer 12 ETF – February by 1.4% during the 3rd quarter. Cypress Financial Planning LLC now owns 26,374 shares of the company’s stock valued at $922,000 after purchasing an additional 358 shares during the period. Cetera Investment Advisers purchased a new position in PGIM S&P 500 Buffer 12 ETF – February during the 1st quarter valued at $447,000. Finally, Kestra Advisory Services LLC increased its position in PGIM S&P 500 Buffer 12 ETF – February by 113.8% during the 1st quarter. Kestra Advisory Services LLC now owns 8,068 shares of the company’s stock valued at $252,000 after purchasing an additional 4,295 shares during the period.

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

The PGIM US Large-Cap Buffer 12 ETF – February (FEBP) 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. FEBP was launched on Jan 31, 2024 and is issued by PGIM.