Short Interest in PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) Decreases By 48.1%

PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,032 shares, a decline of 48.1% from the May 14th total of 1,990 shares. Based on an average daily volume of 1,724 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the company’s stock are short sold.

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

Shares of BATS:PBFB opened at $31.75 on Friday. The company’s fifty day moving average is $31.36 and its two-hundred day moving average is $30.74. PGIM S&P 500 Buffer 20 ETF – February has a 12-month low of $28.01 and a 12-month high of $32.79.

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

A number of hedge funds have recently modified their holdings of the stock. Royal Bank of Canada acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – February in the first quarter worth $231,000. Cetera Investment Advisers increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 34.9% in the first quarter. Cetera Investment Advisers now owns 23,040 shares of the company’s stock worth $692,000 after acquiring an additional 5,957 shares during the last quarter. American Asset Management Inc. increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 551.9% in the first quarter. American Asset Management Inc. now owns 84,119 shares of the company’s stock worth $2,527,000 after acquiring an additional 71,215 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 70.6% in the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock worth $927,000 after acquiring an additional 12,763 shares during the last quarter. Finally, Jim Saulnier & Associates LLC increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% in the first quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock worth $2,816,000 after acquiring an additional 45,460 shares during the last quarter.

PGIM S&P 500 Buffer 20 ETF – February Company Profile

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) 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. PBFB was launched on Jan 31, 2024 and is issued by PGIM.