Short Interest in PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Increases By 125.9%

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

Institutional Investors Weigh In On PGIM S&P 500 Buffer 12 ETF – January

A number of hedge funds have recently added to or reduced their stakes in JANP. NewEdge Advisors LLC bought a new stake in shares of PGIM S&P 500 Buffer 12 ETF – January during the first quarter valued at approximately $430,000. Centaurus Financial Inc. lifted its holdings in shares of 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 purchasing an additional 12,075 shares in the last quarter. Royal Bank of Canada lifted its holdings 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 worth $494,000 after purchasing an additional 6,796 shares in the last quarter. Commonwealth Equity Services LLC grew its position in 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 valued at $650,000 after purchasing an additional 4,313 shares during the period. Finally, Foguth Wealth Management LLC. grew its position in PGIM S&P 500 Buffer 12 ETF – January by 0.9% in the 1st quarter. Foguth Wealth Management LLC. now owns 403,336 shares of the company’s stock valued at $14,004,000 after purchasing an additional 3,493 shares during the period.

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

Shares of JANP opened at $35.57 on Friday. PGIM S&P 500 Buffer 12 ETF – January has a one year low of $30.95 and a one year high of $35.65. The stock has a 50-day moving average of $35.00 and a 200-day moving average of $33.94.

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.