Short Interest in PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) Decreases By 54.7%

PGIM S&P 500 Buffer 12 ETF – November (BATS:NOVP) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 1,901 shares, a decline of 54.7% from the June 30th total of 4,193 shares. Based on an average daily volume of 3,109 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.0% of the company’s stock are sold short.

PGIM S&P 500 Buffer 12 ETF – November Stock Performance

Shares of BATS NOVP opened at $32.19 on Thursday. The stock’s 50-day moving average is $32.45 and its two-hundred day moving average is $31.32. PGIM S&P 500 Buffer 12 ETF – November has a 1-year low of $28.71 and a 1-year high of $32.84.

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

Several hedge funds have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its stake in PGIM S&P 500 Buffer 12 ETF – November by 199.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 35,162 shares of the company’s stock worth $1,070,000 after acquiring an additional 23,415 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November in the 4th quarter valued at $668,000. Maltin Wealth Management Inc. acquired a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November in the 1st quarter valued at $495,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of PGIM S&P 500 Buffer 12 ETF – November during the 4th quarter worth $391,000. Finally, Royal Bank of Canada increased its holdings in PGIM S&P 500 Buffer 12 ETF – November by 88.5% in the fourth quarter. Royal Bank of Canada now owns 7,264 shares of the company’s stock valued at $221,000 after buying an additional 3,410 shares during the last quarter.

About PGIM S&P 500 Buffer 12 ETF – November

The PGIM S&P 500 Buffer 12 ETF – November (NOVP) 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. NOVP was launched on May 21, 2024 and is issued by PGIM.