PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) Short Interest Update

PGIM S&P 500 Buffer 12 ETF – January (BATS:JANP) was the target of 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 company are short sold. Based on an average trading volume of 27,292 shares, the days-to-cover ratio is presently 1.3 days.

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

JANP stock opened at $34.72 on Monday. PGIM S&P 500 Buffer 12 ETF – January has a 1-year low of $29.24 and a 1-year high of $34.75. The business’s 50 day simple moving average is $33.38 and its 200 day simple moving average is $32.88.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JANP. NewEdge Advisors LLC acquired a new position in shares of PGIM S&P 500 Buffer 12 ETF – January during the 1st quarter worth approximately $430,000. Foguth Wealth Management LLC. acquired a new position in PGIM S&P 500 Buffer 12 ETF – January in the 4th quarter valued at $13,079,000. Commonwealth Equity Services LLC grew its holdings 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. Kestra Advisory Services LLC grew its holdings 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 valued at $316,000 after buying an additional 618 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in 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 valued at $494,000 after buying an additional 6,796 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.