Short Interest in PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Drops By 36.6%

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,515 shares, a drop of 36.6% from the July 15th total of 8,701 shares. Based on an average daily trading volume, of 6,178 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC acquired a new stake in PGIM S&P 500 Buffer 12 ETF – January in the 1st quarter worth approximately $430,000. Commonwealth Equity Services LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – January by 27.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 19,889 shares of the company’s stock valued at $650,000 after purchasing an additional 4,313 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in PGIM S&P 500 Buffer 12 ETF – January by 6.6% in the 1st quarter. Kestra Advisory Services LLC now owns 9,918 shares of the company’s stock valued at $316,000 after purchasing an additional 618 shares during the period. Royal Bank of Canada increased its holdings in shares of PGIM S&P 500 Buffer 12 ETF – January by 78.3% during the 1st quarter. Royal Bank of Canada now owns 15,470 shares of the company’s stock worth $494,000 after purchasing an additional 6,796 shares during the period. Finally, Centaurus Financial Inc. increased its stake in PGIM S&P 500 Buffer 12 ETF – January by 157.2% during the first quarter. Centaurus Financial Inc. now owns 19,754 shares of the company’s stock valued at $630,000 after acquiring an additional 12,075 shares during the period.

PGIM S&P 500 Buffer 12 ETF – January Trading Down 0.1%

BATS JANP opened at $35.48 on Tuesday. PGIM S&P 500 Buffer 12 ETF – January has a twelve month low of $30.85 and a twelve month high of $35.57. The firm’s 50 day moving average price is $34.83 and its two-hundred day moving average price is $33.79.

About PGIM S&P 500 Buffer 12 ETF – January

The PGIM US Large-Cap Buffer 12 ETF – January (JANP) 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. JANP was launched on Dec 29, 2023 and is issued by PGIM.