PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Sees Large Growth in Short Interest

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 16,135 shares, a growth of 86.7% from the August 31st total of 8,643 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 3,139 shares, the short-interest ratio is presently 5.1 days.

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

Shares of PBAP stock opened at $31.67 on Thursday. PGIM S&P 500 Buffer 20 ETF – April has a 1 year low of $28.25 and a 1 year high of $31.98. The business’s fifty day moving average is $31.45 and its 200-day moving average is $30.84.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in PGIM S&P 500 Buffer 20 ETF – April stock. Jim Saulnier & Associates LLC raised its holdings in PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) by 41.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,028 shares of the company’s stock after acquiring an additional 23,794 shares during the quarter. PGIM S&P 500 Buffer 20 ETF – April accounts for about 1.2% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 20th biggest holding. Jim Saulnier & Associates LLC owned 10.26% of PGIM S&P 500 Buffer 20 ETF – April worth $2,513,000 as of its most recent SEC filing.

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

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) 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. PBAP was launched on Mar 29, 2024 and is issued by PGIM.