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

PGIM S&P 500 Buffer 20 ETF – January (BATS:PBJA) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 7,199 shares, a growth of 316.4% from the April 30th total of 1,729 shares. Based on an average daily volume of 6,556 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On PGIM S&P 500 Buffer 20 ETF – January

Several large investors have recently made changes to their positions in the company. Cetera Investment Advisers increased its holdings in shares of PGIM S&P 500 Buffer 20 ETF – January by 4.1% in the second quarter. Cetera Investment Advisers now owns 9,426 shares of the company’s stock worth $274,000 after purchasing an additional 372 shares during the last quarter. Long Island Wealth Management Inc. grew its position in PGIM S&P 500 Buffer 20 ETF – January by 0.5% in the fourth quarter. Long Island Wealth Management Inc. now owns 84,380 shares of the company’s stock worth $2,606,000 after acquiring an additional 441 shares in the last quarter. Centaurus Financial Inc. grew its position in PGIM S&P 500 Buffer 20 ETF – January by 1.5% in the third quarter. Centaurus Financial Inc. now owns 57,632 shares of the company’s stock worth $1,736,000 after acquiring an additional 856 shares in the last quarter. Advisory Services Network LLC purchased a new position in PGIM S&P 500 Buffer 20 ETF – January in the third quarter worth about $51,000. Finally, Kestra Advisory Services LLC grew its position in PGIM S&P 500 Buffer 20 ETF – January by 6.7% in the first quarter. Kestra Advisory Services LLC now owns 29,062 shares of the company’s stock worth $884,000 after acquiring an additional 1,822 shares in the last quarter.

PGIM S&P 500 Buffer 20 ETF – January Stock Up 0.1%

Shares of PBJA stock opened at $32.25 on Friday. PGIM S&P 500 Buffer 20 ETF – January has a 12-month low of $28.32 and a 12-month high of $32.26. The stock’s 50-day moving average price is $31.38 and its 200-day moving average price is $31.01.

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.