PGIM Nasdaq-100 Buffer 12 ETF – October (NASDAQ:PQOC) Sees Significant Increase in Short Interest

PGIM Nasdaq-100 Buffer 12 ETF – October (NASDAQ:PQOC) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 14,477 shares, an increase of 154.5% from the August 15th total of 5,689 shares. Based on an average daily trading volume, of 7,478 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.0% of the shares of the stock are short sold.

PGIM Nasdaq-100 Buffer 12 ETF – October Trading Up 0.5%

NASDAQ PQOC opened at $32.10 on Friday. The firm’s 50 day simple moving average is $31.52 and its 200 day simple moving average is $30.35. The firm has a market capitalization of $23.11 million, a price-to-earnings ratio of 31.60 and a beta of 0.74. PGIM Nasdaq-100 Buffer 12 ETF – October has a 1 year low of $27.15 and a 1 year high of $32.12.

Institutional Investors Weigh In On PGIM Nasdaq-100 Buffer 12 ETF – October

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC acquired a new stake in PGIM Nasdaq-100 Buffer 12 ETF – October in the fourth quarter valued at approximately $314,000. Kestra Advisory Services LLC bought a new position in PGIM Nasdaq-100 Buffer 12 ETF – October in the fourth quarter valued at about $50,000. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of PGIM Nasdaq-100 Buffer 12 ETF – October during the fourth quarter valued at about $262,000.

About PGIM Nasdaq-100 Buffer 12 ETF – October

The PGIM Nasdaq-100 Buffer 12 ETF – October (PQOC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the Invesco QQQ Trust over a specific holdings period. The actively managed fund holds FLEX options. PQOC was launched on Dec 27, 2024 and is issued by PGIM.