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 drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,667 shares, a drop of 65.9% from the July 30th total of 4,888 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 3,385 shares, the short-interest ratio is currently 0.5 days.

PGIM S&P 500 Buffer 12 ETF – April Trading Down 0.1%

Shares of PGIM S&P 500 Buffer 12 ETF – April stock opened at $33.26 on Friday. The stock has a 50 day moving average price of $32.76 and a 200-day moving average price of $31.72. PGIM S&P 500 Buffer 12 ETF – April has a one year low of $28.64 and a one year high of $33.30.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – April by 10.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 33,628 shares of the company’s stock worth $999,000 after acquiring an additional 3,104 shares during the last quarter. Cetera Investment Advisers grew its holdings in PGIM S&P 500 Buffer 12 ETF – April by 2.7% during the 2nd quarter. Cetera Investment Advisers now owns 23,588 shares of the company’s stock valued at $664,000 after purchasing an additional 613 shares during the last quarter. Royal Bank of Canada grew its holdings in PGIM S&P 500 Buffer 12 ETF – April by 332.3% during the 1st quarter. Royal Bank of Canada now owns 10,807 shares of the company’s stock valued at $288,000 after purchasing an additional 8,307 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in PGIM S&P 500 Buffer 12 ETF – April in the 4th quarter worth about $172,000.

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

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.