Short Interest in PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) Expands By 97.9%

PGIM S&P 500 Buffer 20 ETF – July (BATS:PBJL) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 32,552 shares, an increase of 97.9% from the July 15th total of 16,452 shares. Based on an average daily volume of 20,751 shares, the short-interest ratio is currently 1.6 days. Approximately 7.4% of the shares of the stock are short sold.

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

Several hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – July in the third quarter valued at $133,000. Blue Water Asset Management acquired a new stake in shares of PGIM S&P 500 Buffer 20 ETF – July during the fourth quarter valued at $335,000. Royal Bank of Canada purchased a new stake in PGIM S&P 500 Buffer 20 ETF – July during the 1st quarter worth about $1,762,000. Finally, Foguth Wealth Management LLC. increased its position in PGIM S&P 500 Buffer 20 ETF – July by 0.7% during the 1st quarter. Foguth Wealth Management LLC. now owns 434,444 shares of the company’s stock worth $13,531,000 after purchasing an additional 3,094 shares in the last quarter.

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

Shares of PGIM S&P 500 Buffer 20 ETF – July stock opened at $31.88 on Monday. PGIM S&P 500 Buffer 20 ETF – July has a 1 year low of $28.80 and a 1 year high of $32.15. The business has a 50 day moving average price of $31.36 and a 200 day moving average price of $30.72.

About PGIM S&P 500 Buffer 20 ETF – July

The PGIM S&P 500 Buffer 20 ETF – July (PBJL) 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. PBJL was launched on May 7, 2024 and is issued by PGIM.