PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) Short Interest Update

PGIM S&P 500 Buffer 20 ETF – August (BATS:PBAU) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 1,142 shares, a drop of 74.1% from the June 15th total of 4,412 shares. Based on an average daily trading volume, of 3,804 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On PGIM S&P 500 Buffer 20 ETF – August

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Private Wealth Services LLC purchased a new stake in PGIM S&P 500 Buffer 20 ETF – August during the third quarter worth $412,000. Royal Bank of Canada purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – August in the first quarter valued at $227,000. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – August in the fourth quarter valued at $314,000. Finally, Spire Wealth Management raised its stake in shares of PGIM S&P 500 Buffer 20 ETF – August by 2.7% during the 4th quarter. Spire Wealth Management now owns 79,574 shares of the company’s stock worth $2,384,000 after buying an additional 2,082 shares during the last quarter.

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

PBAU stock opened at $31.56 on Monday. The firm has a 50 day moving average of $31.22 and a 200-day moving average of $30.50. PGIM S&P 500 Buffer 20 ETF – August has a 12-month low of $28.36 and a 12-month high of $32.21.

About PGIM S&P 500 Buffer 20 ETF – August

The PGIM S&P 500 Buffer 20 ETF – August (PBAU) 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 PBAU was launched on May 7, 2024 and is issued by PGIM.