PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) Sees Large Increase in Short Interest

PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 58,218 shares, an increase of 249.5% from the October 15th total of 16,656 shares. Based on an average daily volume of 51,379 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.8% of the shares of the company are sold short.

PGIM Laddered S&P 500 Buffer 20 ETF Price Performance

Shares of BATS PBFR opened at $31.31 on Friday. The firm has a fifty day moving average price of $31.31 and a 200-day moving average price of $30.42. PGIM Laddered S&P 500 Buffer 20 ETF has a 1 year low of $28.46 and a 1 year high of $33.45.

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

Several institutional investors have recently bought and sold shares of PBFR. DHJJ Financial Advisors Ltd. lifted its stake in PGIM Laddered S&P 500 Buffer 20 ETF by 3.2% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 27,181 shares of the company’s stock worth $850,000 after purchasing an additional 847 shares in the last quarter. Parallel Advisors LLC purchased a new position in shares of PGIM Laddered S&P 500 Buffer 20 ETF during the third quarter valued at about $40,000. Kestra Advisory Services LLC grew its position in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 0.4% during the third quarter. Kestra Advisory Services LLC now owns 354,549 shares of the company’s stock valued at $11,081,000 after purchasing an additional 1,292 shares in the last quarter. Harbour Investments Inc. purchased a new position in shares of PGIM Laddered S&P 500 Buffer 20 ETF during the third quarter valued at about $95,000. Finally, Claro Advisors Inc. increased its stake in PGIM Laddered S&P 500 Buffer 20 ETF by 7.5% in the 3rd quarter. Claro Advisors Inc. now owns 60,528 shares of the company’s stock worth $1,892,000 after acquiring an additional 4,229 shares during the last quarter.

PGIM Laddered S&P 500 Buffer 20 ETF Company Profile

The PGIM Laddered Fund of Buffer 20 ETF (PBFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of PGIM US Large-Cap Buffer 20 ETFs. PBFR was launched on Jun 11, 2024 and is issued by PGIM.