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) was the target of a significant increase in short interest in 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. Approximately 5.1% of the shares of the stock are short sold. Based on an average daily volume of 5,801 shares, the days-to-cover ratio is presently 2.5 days.

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

Shares of BATS JANP opened at $34.33 on Tuesday. PGIM S&P 500 Buffer 12 ETF – January has a 12 month low of $28.91 and a 12 month high of $34.48. The stock has a 50-day moving average price of $33.01 and a two-hundred day moving average price of $32.72.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC raised its stake in 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 worth $316,000 after acquiring an additional 618 shares in the last quarter. NewEdge Advisors LLC acquired a new position in PGIM S&P 500 Buffer 12 ETF – January during the first quarter worth about $430,000. Royal Bank of Canada raised its stake 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 acquiring an additional 6,796 shares in the last quarter. Centaurus Financial Inc. raised its stake in PGIM S&P 500 Buffer 12 ETF – January by 157.2% during the first quarter. Centaurus Financial Inc. now owns 19,754 shares of the company’s stock worth $630,000 after acquiring an additional 12,075 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in PGIM S&P 500 Buffer 12 ETF – January by 27.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,889 shares of the company’s stock worth $650,000 after acquiring an additional 4,313 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.