Short Interest in PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) Decreases By 48.7%

PGIM S&P 500 Buffer 20 ETF – March (BATS:PBMR) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,522 shares, a decrease of 48.7% from the August 15th total of 2,966 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,741 shares, the days-to-cover ratio is presently 0.4 days.

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

PGIM S&P 500 Buffer 20 ETF – March stock opened at $32.61 on Wednesday. The stock’s fifty day moving average price is $32.43 and its two-hundred day moving average price is $31.74. PGIM S&P 500 Buffer 20 ETF – March has a one year low of $29.63 and a one year high of $32.99.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – March

Several large investors have recently modified their holdings of PBMR. Royal Bank of Canada lifted its position in PGIM S&P 500 Buffer 20 ETF – March by 464.2% during the first quarter. Royal Bank of Canada now owns 4,598 shares of the company’s stock worth $139,000 after purchasing an additional 3,783 shares during the period. Cetera Investment Advisers increased its holdings in PGIM S&P 500 Buffer 20 ETF – March by 31.0% in the 1st quarter. Cetera Investment Advisers now owns 17,748 shares of the company’s stock valued at $538,000 after buying an additional 4,203 shares during the period. Kestra Advisory Services LLC increased its holdings in PGIM S&P 500 Buffer 20 ETF – March by 82.8% in the 1st quarter. Kestra Advisory Services LLC now owns 11,188 shares of the company’s stock valued at $339,000 after buying an additional 5,068 shares during the period. Kintra Wealth LLC raised its position in shares of PGIM S&P 500 Buffer 20 ETF – March by 95.2% in the 2nd quarter. Kintra Wealth LLC now owns 16,330 shares of the company’s stock valued at $532,000 after buying an additional 7,963 shares in the last quarter. Finally, Jim Saulnier & Associates LLC raised its position in shares of PGIM S&P 500 Buffer 20 ETF – March by 30.4% in the 1st quarter. Jim Saulnier & Associates LLC now owns 94,790 shares of the company’s stock valued at $2,874,000 after buying an additional 22,071 shares in the last quarter.

About PGIM S&P 500 Buffer 20 ETF – March

The PGIM US Large-Cap Buffer 20 ETF – March (PBMR) 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. PBMR was launched on Feb 29, 2024 and is issued by PGIM.