PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) Short Interest Up 187.0% in May

PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 13,533 shares, an increase of 187.0% from the May 14th total of 4,716 shares. Based on an average daily trading volume, of 5,572 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.6% of the company’s stock are sold short.

Hedge Funds Weigh In On PGIM Nasdaq-100 Buffer 12 ETF – July

An institutional investor recently bought a new position in PGIM Nasdaq-100 Buffer 12 ETF – July stock. NewEdge Advisors LLC purchased a new stake in PGIM Nasdaq-100 Buffer 12 ETF – July (NASDAQ:PQJL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,976 shares of the company’s stock, valued at approximately $202,000. NewEdge Advisors LLC owned about 2.11% of PGIM Nasdaq-100 Buffer 12 ETF – July as of its most recent SEC filing.

PGIM Nasdaq-100 Buffer 12 ETF – July Price Performance

Shares of PGIM Nasdaq-100 Buffer 12 ETF – July stock traded down $0.02 on Friday, reaching $31.00. 300 shares of the company were exchanged, compared to its average volume of 5,622. PGIM Nasdaq-100 Buffer 12 ETF – July has a 1-year low of $25.75 and a 1-year high of $31.09. The company has a market cap of $16.43 million, a P/E ratio of 30.27 and a beta of 0.64. The stock’s 50 day moving average price is $30.42 and its 200-day moving average price is $29.46.

PGIM Nasdaq-100 Buffer 12 ETF – July Company Profile

The PGIM Nasdaq-100 Buffer 12 ETF – July (PQJL) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the Invesco QQQ Trust over a specific holdings period. The actively managed fund holds FLEX options. PQJL was launched on Dec 27, 2024 and is issued by PGIM.