PGIM S&P 500 Buffer 20 ETF – January (BATS:PBJA) Sees Significant Drop in Short Interest

PGIM S&P 500 Buffer 20 ETF – January (BATS:PBJA) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,606 shares, a drop of 77.7% from the May 14th total of 7,199 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,671 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – January

Several hedge funds have recently bought and sold shares of PBJA. Blue Water Asset Management bought a new stake in PGIM S&P 500 Buffer 20 ETF – January in the 4th quarter valued at about $5,098,000. American Asset Management Inc. bought a new stake in PGIM S&P 500 Buffer 20 ETF – January in the 4th quarter valued at about $4,202,000. Compass Advisory Group LLC lifted its position in PGIM S&P 500 Buffer 20 ETF – January by 79.5% in the 1st quarter. Compass Advisory Group LLC now owns 305,732 shares of the company’s stock valued at $9,302,000 after purchasing an additional 135,416 shares during the last quarter. Long Island Wealth Management Inc. lifted its position in PGIM S&P 500 Buffer 20 ETF – January by 93.5% in the 1st quarter. Long Island Wealth Management Inc. now owns 163,247 shares of the company’s stock valued at $4,967,000 after purchasing an additional 78,867 shares during the last quarter. Finally, Jim Saulnier & Associates LLC lifted its position in PGIM S&P 500 Buffer 20 ETF – January by 117.8% in the 1st quarter. Jim Saulnier & Associates LLC now owns 90,157 shares of the company’s stock valued at $2,743,000 after purchasing an additional 48,756 shares during the last quarter.

PGIM S&P 500 Buffer 20 ETF – January Trading Down 0.2%

Shares of BATS:PBJA opened at $32.01 on Wednesday. The company’s 50-day moving average price is $31.63 and its 200 day moving average price is $31.10. PGIM S&P 500 Buffer 20 ETF – January has a fifty-two week low of $28.55 and a fifty-two week high of $32.27.

About PGIM S&P 500 Buffer 20 ETF – January

The PGIM US Large-Cap Buffer 20 ETF – January (PBJA) 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. PBJA was launched on Dec 29, 2023 and is issued by PGIM.