PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Sees Large Drop in Short Interest

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAPGet Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 15,073 shares, a decrease of 56.0% from the May 14th total of 34,240 shares. Based on an average daily volume of 3,534 shares, the short-interest ratio is currently 4.3 days. Approximately 1.9% of the shares of the company are sold short.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – April

A number of large investors have recently bought and sold shares of PBAP. Cetera Investment Advisers raised its position in PGIM S&P 500 Buffer 20 ETF – April by 23.5% during the 2nd quarter. Cetera Investment Advisers now owns 12,514 shares of the company’s stock worth $347,000 after buying an additional 2,378 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – April in the 3rd quarter valued at $410,000. Finally, Blue Water Asset Management purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – April in the 4th quarter valued at $839,000.

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

Shares of BATS:PBAP opened at $30.86 on Friday. PGIM S&P 500 Buffer 20 ETF – April has a twelve month low of $27.29 and a twelve month high of $31.89. The firm’s 50 day moving average price is $30.56 and its 200-day moving average price is $29.59.

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

(Get Free Report)

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.

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