Short Interest in PGIM Nasdaq-100 Buffer 12 ETF – April (NASDAQ:PQAP) Rises By 511.9%

PGIM Nasdaq-100 Buffer 12 ETF – April (NASDAQ:PQAP) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 3,555 shares, an increase of 511.9% from the May 14th total of 581 shares. Based on an average trading volume of 4,580 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the shares of the stock are short sold.

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

A hedge fund recently bought a new stake in PGIM Nasdaq-100 Buffer 12 ETF – April stock. Citadel Advisors LLC purchased a new stake in PGIM Nasdaq-100 Buffer 12 ETF – April (NASDAQ:PQAP) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 8,896 shares of the company’s stock, valued at approximately $249,000. Citadel Advisors LLC owned approximately 3.42% of PGIM Nasdaq-100 Buffer 12 ETF – April at the end of the most recent quarter.

PGIM Nasdaq-100 Buffer 12 ETF – April Stock Up 0.2%

Shares of PQAP stock traded up $0.06 during mid-day trading on Friday, hitting $31.80. 3,423 shares of the stock were exchanged, compared to its average volume of 7,170. The firm has a fifty day moving average of $31.19 and a 200 day moving average of $29.59. PGIM Nasdaq-100 Buffer 12 ETF – April has a 52-week low of $26.39 and a 52-week high of $32.15. The company has a market cap of $22.26 million, a PE ratio of 30.53 and a beta of 0.42.

About PGIM Nasdaq-100 Buffer 12 ETF – April

The PGIM Nasdaq-100 Buffer 12 ETF – April (PQAP) 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. PQAP was launched on Dec 27, 2024 and is issued by PGIM.