Short Interest in PGIM S&P 500 Max Buffer ETF – April (BATS:PMAP) Declines By 77.4%

PGIM S&P 500 Max Buffer ETF – April (BATS:PMAP) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 97 shares, a drop of 77.4% from the May 31st total of 430 shares. Based on an average daily volume of 275 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

PGIM S&P 500 Max Buffer ETF – April Stock Performance

Shares of BATS PMAP opened at $27.21 on Friday. The firm’s 50-day moving average price is $27.17 and its 200-day moving average price is $26.75. PGIM S&P 500 Max Buffer ETF – April has a 1-year low of $25.58 and a 1-year high of $27.29.

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

PGIM Rock ETF Trust – PGIM S&P 500 Max Buffer ETF – April is an exchange traded fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Quantitative Solutions LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the performance of the SPDR S&P 500 ETF Trust to create its portfolio. The fund invests in growth and value stocks of large-cap companies.