PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) Sees Large Decrease in Short Interest

PGIM S&P 500 Buffer 20 ETF – September (BATS:PBSE) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 12,436 shares, a decrease of 34.9% from the September 30th total of 19,103 shares. Approximately 4.6% of the company’s shares are sold short. Based on an average daily trading volume, of 6,318 shares, the days-to-cover ratio is currently 2.0 days.

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

A number of large investors have recently bought and sold shares of PBSE. Kintra Wealth LLC bought a new position in PGIM S&P 500 Buffer 20 ETF – September in the 2nd quarter valued at $459,000. Royal Bank of Canada purchased a new stake in PGIM S&P 500 Buffer 20 ETF – September in the first quarter worth $210,000. Finally, DHJJ Financial Advisors Ltd. lifted its position in shares of PGIM S&P 500 Buffer 20 ETF – September by 200.5% during the third quarter. DHJJ Financial Advisors Ltd. now owns 4,649 shares of the company’s stock worth $146,000 after purchasing an additional 3,102 shares during the last quarter.

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

PBSE opened at $31.28 on Monday. The stock’s 50 day moving average price is $31.39 and its 200-day moving average price is $30.51. PGIM S&P 500 Buffer 20 ETF – September has a one year low of $28.67 and a one year high of $31.65.

About PGIM S&P 500 Buffer 20 ETF – September

The PGIM US Large-Cap Buffer 20 ETF – September (PBSE) 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 PBSE was launched on May 14, 2024 and is issued by PGIM.