PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) Sees Significant Drop in Short Interest

PGIM S&P 500 Buffer 12 ETF – April (BATS:APRP) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,392 shares, a decrease of 70.2% from the May 31st total of 4,666 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 2,051 shares, the short-interest ratio is currently 0.7 days.

PGIM S&P 500 Buffer 12 ETF – April Trading Up 6.2%

Shares of APRP opened at $32.49 on Tuesday. The stock has a 50-day moving average price of $32.19 and a 200-day moving average price of $30.77. PGIM S&P 500 Buffer 12 ETF – April has a 12-month low of $28.12 and a 12-month high of $32.58.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – April

Several institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of PGIM S&P 500 Buffer 12 ETF – April by 332.3% during the first quarter. Royal Bank of Canada now owns 10,807 shares of the company’s stock valued at $288,000 after acquiring an additional 8,307 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of PGIM S&P 500 Buffer 12 ETF – April by 2.7% in the 2nd quarter. Cetera Investment Advisers now owns 23,588 shares of the company’s stock worth $664,000 after buying an additional 613 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of PGIM S&P 500 Buffer 12 ETF – April by 1.7% during the third quarter. Envestnet Asset Management Inc. now owns 40,300 shares of the company’s stock valued at $1,171,000 after acquiring an additional 678 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in PGIM S&P 500 Buffer 12 ETF – April by 10.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 33,628 shares of the company’s stock worth $999,000 after buying an additional 3,104 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in PGIM S&P 500 Buffer 12 ETF – April in the 4th quarter worth approximately $172,000.

About PGIM S&P 500 Buffer 12 ETF – April

The PGIM US Large-Cap Buffer 12 ETF – April (APRP) 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. APRP was launched on Mar 29, 2024 and is issued by PGIM.