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

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 34,874 shares, a growth of 143.2% from the April 30th total of 14,342 shares. Approximately 12.5% of the shares of the stock are sold short. Based on an average daily volume of 27,292 shares, the short-interest ratio is presently 1.3 days.

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

Several hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC grew its stake in shares of PGIM S&P 500 Buffer 12 ETF – January by 37.5% in the 1st 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 last quarter. Centaurus Financial Inc. boosted its holdings in shares of PGIM S&P 500 Buffer 12 ETF – January by 157.2% in the first quarter. Centaurus Financial Inc. now owns 19,754 shares of the company’s stock worth $630,000 after buying an additional 12,075 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 first quarter. Royal Bank of Canada now owns 15,470 shares of the company’s stock worth $494,000 after acquiring an additional 6,796 shares in 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 first quarter. Kestra Advisory Services LLC now owns 9,918 shares of the company’s stock worth $316,000 after acquiring an additional 618 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of PGIM S&P 500 Buffer 12 ETF – January by 27.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 19,889 shares of the company’s stock worth $650,000 after acquiring an additional 4,313 shares in the last quarter.

PGIM S&P 500 Buffer 12 ETF – January Stock Up 0.1%

Shares of JANP opened at $34.72 on Friday. The firm’s 50 day moving average is $33.38 and its 200-day moving average is $32.87. PGIM S&P 500 Buffer 12 ETF – January has a 12-month low of $29.24 and a 12-month high of $34.75.

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.