PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Sees Significant Increase in Short Interest

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 12,461 shares, an increase of 125.9% from the July 30th total of 5,515 shares. Based on an average daily volume of 9,329 shares, the short-interest ratio is currently 1.3 days. Currently, 4.5% of the shares of the company are short sold.

PGIM S&P 500 Buffer 12 ETF – January Trading Down 0.0%

Shares of JANP opened at $35.57 on Friday. The firm has a fifty day simple moving average of $35.00 and a two-hundred day simple moving average of $33.94. PGIM S&P 500 Buffer 12 ETF – January has a 1-year low of $30.95 and a 1-year high of $35.65.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – January

A number of hedge funds have recently bought and sold shares of JANP. Kestra Advisory Services LLC lifted its holdings in PGIM S&P 500 Buffer 12 ETF – January by 6.6% in the first 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. NewEdge Advisors LLC bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – January during the 1st quarter valued at about $430,000. Royal Bank of Canada increased its position 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 valued at $494,000 after purchasing an additional 6,796 shares during the last quarter. Centaurus Financial Inc. increased its position in shares of PGIM S&P 500 Buffer 12 ETF – January by 157.2% during the 1st quarter. Centaurus Financial Inc. now owns 19,754 shares of the company’s stock valued at $630,000 after purchasing an additional 12,075 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of PGIM S&P 500 Buffer 12 ETF – January by 27.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,889 shares of the company’s stock worth $650,000 after purchasing an additional 4,313 shares during the period.

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.