PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – March (BATS:MRCP) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 3,180 shares, a growth of 158.1% from the April 30th total of 1,232 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily volume of 4,850 shares, the days-to-cover ratio is currently 0.7 days.

PGIM S&P 500 Buffer 12 ETF – March Price Performance

Shares of PGIM S&P 500 Buffer 12 ETF – March stock opened at $34.38 on Monday. PGIM S&P 500 Buffer 12 ETF – March has a 1-year low of $28.89 and a 1-year high of $34.40. The firm’s 50-day moving average price is $33.10 and its two-hundred day moving average price is $32.41.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – March

Several large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in PGIM S&P 500 Buffer 12 ETF – March by 6.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 45,791 shares of the company’s stock worth $1,466,000 after buying an additional 2,840 shares during the last quarter. Royal Bank of Canada bought a new stake in PGIM S&P 500 Buffer 12 ETF – March during the first quarter worth about $311,000. Finally, PNC Financial Services Group Inc. grew its stake in PGIM S&P 500 Buffer 12 ETF – March by 224.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the company’s stock worth $63,000 after buying an additional 1,382 shares during the last quarter.

PGIM S&P 500 Buffer 12 ETF – March Company Profile

The PGIM US Large-Cap Buffer 12 ETF – March (MRCP) 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. MRCP was launched on Feb 29, 2024 and is issued by PGIM.