PGIM Laddered S&P 500 Buffer 12 ETF (BATS:BUFP) Sees Significant Growth in Short Interest

PGIM Laddered S&P 500 Buffer 12 ETF (BATS:BUFP) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 41,500 shares, a growth of 84.0% from the June 15th total of 22,552 shares. Based on an average daily trading volume, of 46,711 shares, the short-interest ratio is presently 0.9 days. Currently, 2.6% of the company’s stock are sold short.

Hedge Funds Weigh In On PGIM Laddered S&P 500 Buffer 12 ETF

Several hedge funds have recently modified their holdings of BUFP. Royal Bank of Canada boosted its stake in PGIM Laddered S&P 500 Buffer 12 ETF by 582.8% in the 4th quarter. Royal Bank of Canada now owns 2,813 shares of the company’s stock worth $85,000 after purchasing an additional 2,401 shares in the last quarter. Ankerstar Wealth LLC purchased a new stake in PGIM Laddered S&P 500 Buffer 12 ETF during the 4th quarter worth approximately $106,000. Financial Connections Group Inc. increased its stake in PGIM Laddered S&P 500 Buffer 12 ETF by 127.1% during the 1st quarter. Financial Connections Group Inc. now owns 5,878 shares of the company’s stock valued at $174,000 after purchasing an additional 3,290 shares in the last quarter. Adamsbrown Wealth Consultants LLC acquired a new position in PGIM Laddered S&P 500 Buffer 12 ETF during the 2nd quarter valued at approximately $204,000. Finally, Horizon Wealth Management LLC acquired a new position in PGIM Laddered S&P 500 Buffer 12 ETF during the 1st quarter valued at approximately $327,000.

PGIM Laddered S&P 500 Buffer 12 ETF Trading Down 0.2%

PGIM Laddered S&P 500 Buffer 12 ETF stock opened at $32.24 on Friday. The stock has a 50-day moving average of $31.93 and a two-hundred day moving average of $30.92. PGIM Laddered S&P 500 Buffer 12 ETF has a one year low of $28.02 and a one year high of $33.13.

PGIM Laddered S&P 500 Buffer 12 ETF Company Profile

The PGIM Laddered Fund of Buffer 12 ETF (BUFP) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of PGIM US Large-Cap Buffer 12 ETFs. BUFP was launched on Jun 11, 2024 and is issued by PGIM.