Short Interest in PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) Drops By 44.5%

PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 10,467 shares, a decline of 44.5% from the August 15th total of 18,852 shares. Based on an average daily volume of 3,422 shares, the short-interest ratio is currently 3.1 days. Currently, 1.6% of the company’s stock are sold short.

PGIM S&P 500 Buffer 20 ETF – June Price Performance

Shares of PBJN stock opened at $31.19 on Wednesday. PGIM S&P 500 Buffer 20 ETF – June has a 12-month low of $29.18 and a 12-month high of $31.56. The firm has a fifty day moving average of $31.15 and a 200-day moving average of $30.72.

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

A hedge fund recently bought a new position in PGIM S&P 500 Buffer 20 ETF – June stock. Kintra Wealth LLC acquired a new stake in PGIM S&P 500 Buffer 20 ETF – June (BATS:PBJN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 27,136 shares of the company’s stock, valued at approximately $855,000. Kintra Wealth LLC owned about 4.24% of PGIM S&P 500 Buffer 20 ETF – June as of its most recent SEC filing.

About PGIM S&P 500 Buffer 20 ETF – June

The PGIM US LARGE-CAP BUFFER 20 ETF – JUNE (PBJN) 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 PBJN was launched on May 31, 2024 and is issued by PGIM.