PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Short Interest Up 69.1% in May

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 58,986 shares, a growth of 69.1% from the May 14th total of 34,874 shares. Based on an average daily volume of 9,372 shares, the short-interest ratio is currently 6.3 days. Currently, 21.1% of the company’s shares are sold short.

Institutional Trading of PGIM S&P 500 Buffer 12 ETF – January

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC lifted its position in shares of 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 valued at $316,000 after purchasing an additional 618 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of PGIM S&P 500 Buffer 12 ETF – January during the 1st quarter worth $430,000. Royal Bank of Canada boosted 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 period. Centaurus Financial Inc. lifted its stake in shares of PGIM S&P 500 Buffer 12 ETF – January by 157.2% during the 1st quarter. Centaurus Financial Inc. now owns 19,754 shares of the company’s stock valued at $630,000 after buying an additional 12,075 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake 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 buying an additional 4,313 shares in the last quarter.

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

Shares of BATS:JANP remained flat at $34.49 during mid-day trading on Monday. 3,688 shares of the stock traded hands, compared to its average volume of 17,526. PGIM S&P 500 Buffer 12 ETF – January has a 12 month low of $29.44 and a 12 month high of $34.77. The company has a 50 day moving average of $33.92 and a two-hundred day moving average of $33.06.

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.