PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Short Interest Down 74.9% in August

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 3,133 shares, a drop of 74.9% from the August 15th total of 12,461 shares. Based on an average daily volume of 6,372 shares, the short-interest ratio is presently 0.5 days. Approximately 1.1% of the shares of the stock are short sold.

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

JANP opened at $35.56 on Friday. PGIM S&P 500 Buffer 12 ETF – January has a one year low of $31.34 and a one year high of $35.71. The company has a fifty day moving average price of $35.21 and a 200-day moving average price of $34.13.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its stake in 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 worth $316,000 after acquiring an additional 618 shares during the last quarter. 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 boosted 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 acquiring an additional 6,796 shares during the last quarter. Centaurus Financial Inc. grew its holdings in shares of 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 in the last quarter. Finally, 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 worth $650,000 after purchasing an additional 4,313 shares in the last quarter.

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.