PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Short Interest Update

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 28,782 shares, an increase of 157.1% from the May 14th total of 11,197 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily volume of 22,075 shares, the days-to-cover ratio is presently 1.3 days.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Up 0.2%

Shares of NASDAQ:PBQQ traded up $0.07 on Friday, hitting $31.25. 12,004 shares of the company traded hands, compared to its average volume of 20,410. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 52 week low of $25.97 and a 52 week high of $31.70. The stock has a 50 day simple moving average of $30.55 and a 200-day simple moving average of $29.39. The company has a market cap of $62.81 million, a PE ratio of 30.37 and a beta of 0.64.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC increased its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock valued at $779,000 after acquiring an additional 2,571 shares in the last quarter. DHJJ Financial Advisors Ltd. increased its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock valued at $141,000 after acquiring an additional 3,104 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 68.5% during the first quarter. Cetera Investment Advisers now owns 13,091 shares of the company’s stock valued at $371,000 after acquiring an additional 5,320 shares in the last quarter. Red Crane Wealth Management LLC bought a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the first quarter valued at $201,000. Finally, OLD Mission Capital LLC bought a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF during the fourth quarter valued at $414,000.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Company Profile

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) 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 four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.