Prudential Public Limited Company (NYSE:PUK) Short Interest Down 42.2% in June

Prudential Public Limited Company (NYSE:PUK) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 789,897 shares, a drop of 42.2% from the June 15th total of 1,366,323 shares. Based on an average daily trading volume, of 1,090,722 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

Prudential Public Price Performance

NYSE PUK traded down $0.28 on Friday, hitting $28.30. 956,958 shares of the company were exchanged, compared to its average volume of 745,047. Prudential Public has a 12 month low of $24.56 and a 12 month high of $34.03. The stock has a fifty day moving average of $28.24 and a 200-day moving average of $29.85. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.21.

Wall Street Analyst Weigh In

A number of analysts have commented on PUK shares. Jefferies Financial Group cut shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Zacks Research raised Prudential Public from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 11th. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research report on Friday, May 15th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Hedge Funds Weigh In On Prudential Public

A number of institutional investors and hedge funds have recently made changes to their positions in PUK. Morgan Stanley raised its position in shares of Prudential Public by 79.2% during the fourth quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock worth $151,442,000 after purchasing an additional 2,150,074 shares during the period. Bank of America Corp DE grew its position in Prudential Public by 241.5% in the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock valued at $83,936,000 after purchasing an additional 2,120,580 shares during the period. Dimensional Fund Advisors LP grew its position in Prudential Public by 63.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock valued at $80,499,000 after purchasing an additional 1,007,961 shares during the period. BNP Paribas Financial Markets increased its stake in Prudential Public by 99.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock valued at $20,504,000 after purchasing an additional 409,517 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in Prudential Public by 725.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 385,917 shares of the financial services provider’s stock valued at $9,656,000 after purchasing an additional 339,188 shares in the last quarter. Institutional investors own 1.90% of the company’s stock.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.