PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Stock Short Interest Rises 385.9%

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 9,217 shares, a growth of 385.9% from the September 30th total of 1,897 shares. Currently, 3.3% of the company’s shares are short sold. Based on an average daily trading volume, of 6,435 shares, the short-interest ratio is presently 1.4 days.

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

Shares of BATS:JANP opened at $35.81 on Tuesday. PGIM S&P 500 Buffer 12 ETF – January has a 52-week low of $31.34 and a 52-week high of $36.08. The business has a fifty day moving average of $35.67 and a two-hundred day moving average of $34.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JANP. Foguth Wealth Management LLC. grew its holdings in shares of PGIM S&P 500 Buffer 12 ETF – January by 6.3% in the third quarter. Foguth Wealth Management LLC. now owns 451,466 shares of the company’s stock valued at $16,153,000 after purchasing an additional 26,639 shares during the period. Centaurus Financial Inc. increased its position 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 worth $630,000 after purchasing an additional 12,075 shares during the last quarter. Royal Bank of Canada increased its position in PGIM S&P 500 Buffer 12 ETF – January by 78.3% during the first 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 last quarter. NewEdge Advisors LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – January by 37.5% during the first quarter. NewEdge Advisors LLC now owns 22,550 shares of the company’s stock worth $720,000 after purchasing an additional 6,150 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – January by 6.6% during the first quarter. Kestra Advisory Services LLC now owns 9,918 shares of the company’s stock worth $316,000 after purchasing an additional 618 shares during the period.

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.