PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Sees Significant Decline in Short Interest

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 4,259 shares, a decline of 61.5% from the April 15th total of 11,053 shares. Based on an average daily trading volume, of 15,193 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Up 0.4%

Shares of NASDAQ PBQQ traded up $0.11 during trading hours on Thursday, hitting $31.22. 14,452 shares of the stock were exchanged, compared to its average volume of 20,886. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a 12 month low of $25.45 and a 12 month high of $31.29. The firm has a fifty day moving average price of $29.42 and a 200-day moving average price of $28.95. The company has a market cap of $62.75 million, a PE ratio of 30.37 and a beta of 0.66.

Institutional Trading of PGIM Laddered Nasdaq-100 Buffer 12 ETF

A number of institutional investors have recently made changes to their positions in the business. DHJJ Financial Advisors Ltd. grew its stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock worth $141,000 after buying an additional 3,104 shares during the last quarter. Red Crane Wealth Management LLC purchased a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the first quarter valued at about $201,000. Cetera Investment Advisers acquired a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter worth about $224,000. OLD Mission Capital LLC acquired a new stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter worth about $414,000. Finally, Commonwealth Equity Services LLC grew its stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 10.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 27,009 shares of the company’s stock worth $779,000 after acquiring an additional 2,571 shares during the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Company Profile

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.