PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Short Interest Up 74.6% in April

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 14,342 shares, an increase of 74.6% from the April 15th total of 8,212 shares. Based on an average daily volume of 5,801 shares, the days-to-cover ratio is currently 2.5 days. Currently, 5.1% of the shares of the stock are sold short.

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

Shares of JANP opened at $34.30 on Monday. The firm’s 50 day moving average is $32.98 and its 200-day moving average is $32.70. PGIM S&P 500 Buffer 12 ETF – January has a 12-month low of $28.91 and a 12-month high of $34.48.

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

Several hedge funds have recently made changes to their positions in JANP. Kestra Advisory Services LLC grew its stake in shares of 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 purchasing an additional 618 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – January in the 1st quarter worth approximately $430,000. Commonwealth Equity Services LLC grew 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 last quarter. Finally, Foguth Wealth Management LLC. acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – January in the 4th quarter worth approximately $13,079,000.

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.