Short Interest in PGIM S&P 500 Buffer 20 ETF – November (BATS:PBNV) Grows By 453.0%

PGIM S&P 500 Buffer 20 ETF – November (BATS:PBNV) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 2,621 shares, an increase of 453.0% from the April 30th total of 474 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 5,107 shares, the days-to-cover ratio is presently 0.5 days.

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

A number of institutional investors have recently added to or reduced their stakes in PBNV. Blue Water Asset Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter worth approximately $3,784,000. Spire Wealth Management acquired a new position in PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter worth approximately $2,214,000. Commonwealth Equity Services LLC increased its position in PGIM S&P 500 Buffer 20 ETF – November by 205.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 62,468 shares of the company’s stock worth $1,836,000 after purchasing an additional 42,042 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter worth approximately $544,000. Finally, MML Investors Services LLC acquired a new position in PGIM S&P 500 Buffer 20 ETF – November during the 4th quarter worth approximately $293,000.

PGIM S&P 500 Buffer 20 ETF – November Trading Up 0.1%

PBNV stock opened at $30.94 on Friday. The company has a 50 day simple moving average of $29.95 and a 200 day simple moving average of $29.55. PGIM S&P 500 Buffer 20 ETF – November has a 1 year low of $27.26 and a 1 year high of $30.95.

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

The PGIM S&P 500 Buffer 20 ETF – November (PBNV) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. PBNV was launched on May 22, 2024 and is issued by PGIM.