PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 3,133 shares, a decline of 74.9% from the August 15th total of 12,461 shares. Based on an average trading volume of 6,372 shares, the short-interest ratio is currently 0.5 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC purchased a new position in shares of PGIM S&P 500 Buffer 12 ETF – January in the first quarter worth $430,000. Commonwealth Equity Services LLC grew its holdings in shares of PGIM S&P 500 Buffer 12 ETF – January by 27.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,889 shares of the company’s stock valued at $650,000 after buying an additional 4,313 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of 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 acquiring an additional 618 shares during the period. Royal Bank of Canada increased its position in shares of PGIM S&P 500 Buffer 12 ETF – January by 78.3% in the 1st quarter. Royal Bank of Canada now owns 15,470 shares of the company’s stock valued at $494,000 after acquiring an additional 6,796 shares during the period. Finally, Centaurus Financial Inc. raised its stake in PGIM S&P 500 Buffer 12 ETF – January by 157.2% in the 1st quarter. Centaurus Financial Inc. now owns 19,754 shares of the company’s stock worth $630,000 after acquiring an additional 12,075 shares during the last quarter.

PGIM S&P 500 Buffer 12 ETF – January Stock Performance

JANP opened at $35.56 on Friday. The firm’s 50-day moving average price is $35.21 and its 200-day moving average price is $34.13. PGIM S&P 500 Buffer 12 ETF – January has a 52-week low of $31.34 and a 52-week high of $35.71.

PGIM S&P 500 Buffer 12 ETF – January Company Profile

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.