PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) Sees Significant Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – October (BATS:PBOC) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,199 shares, an increase of 117.8% from the April 30th total of 5,601 shares. Based on an average daily trading volume, of 14,531 shares, the short-interest ratio is currently 0.8 days. Approximately 3.7% of the company’s stock are sold short.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – October

Institutional investors and hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – October in the fourth quarter valued at about $44,000. DHJJ Financial Advisors Ltd. purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – October in the fourth quarter valued at about $51,000. PNC Financial Services Group Inc. raised its holdings in shares of PGIM S&P 500 Buffer 20 ETF – October by 185.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,008 shares of the company’s stock valued at $88,000 after purchasing an additional 1,956 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – October in the third quarter valued at about $231,000. Finally, Royal Bank of Canada purchased a new stake in shares of PGIM S&P 500 Buffer 20 ETF – October in the first quarter valued at about $313,000.

PGIM S&P 500 Buffer 20 ETF – October Stock Performance

PBOC opened at $30.57 on Monday. The company’s fifty day moving average price is $29.72 and its two-hundred day moving average price is $29.35. PGIM S&P 500 Buffer 20 ETF – October has a 1-year low of $26.92 and a 1-year high of $30.97.

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

The PGIM US Large-Cap Buffer 20 ETF – October (PBOC) 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. PBOC was launched on May 16, 2024 and is issued by PGIM.