PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) Sees Significant Drop in Short Interest

PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) was the target of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,839 shares, a decrease of 85.2% from the October 15th total of 12,436 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,202 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Jim Saulnier & Associates LLC boosted its holdings in PGIM S&P 500 Buffer 20 ETF – September by 104.7% in the third quarter. Jim Saulnier & Associates LLC now owns 114,303 shares of the company’s stock worth $3,588,000 after acquiring an additional 58,477 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of PGIM S&P 500 Buffer 20 ETF – September during the third quarter valued at $2,064,000. Blue Water Asset Management bought a new position in shares of PGIM S&P 500 Buffer 20 ETF – September during the third quarter valued at $1,048,000. Kintra Wealth LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – September in the 2nd quarter worth about $459,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – September in the 3rd quarter worth about $421,000.

PGIM S&P 500 Buffer 20 ETF – September Stock Down 0.2%

Shares of BATS PBSE opened at $31.20 on Wednesday. The company has a 50 day simple moving average of $31.38 and a two-hundred day simple moving average of $30.57. PGIM S&P 500 Buffer 20 ETF – September has a fifty-two week low of $28.67 and a fifty-two week high of $31.65.

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

The PGIM US Large-Cap Buffer 20 ETF – September (PBSE) 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 PBSE was launched on May 14, 2024 and is issued by PGIM.