Short Interest in PGIM S&P 500 Buffer 20 ETF – January (BATS:PBJA) Expands By 100.2%

by · The Markets Daily

PGIM S&P 500 Buffer 20 ETF – January (BATS:PBJA – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 3,215 shares, an increase of 100.2% from the May 31st total of 1,606 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 3,857 shares, the days-to-cover ratio is currently 0.8 days.

PGIM S&P 500 Buffer 20 ETF – January Stock Performance

Shares of BATS PBJA opened at $32.20 on Tuesday. The company’s 50-day simple moving average is $31.99 and its 200-day simple moving average is $31.26. PGIM S&P 500 Buffer 20 ETF – January has a 52-week low of $28.62 and a 52-week high of $32.29.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Water Asset Management purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – January during the fourth quarter worth about $5,098,000. American Asset Management Inc. acquired a new position in shares of PGIM S&P 500 Buffer 20 ETF – January during the 4th quarter worth approximately $4,202,000. Compass Advisory Group LLC lifted its stake 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 buying an additional 135,416 shares in the last quarter. Long Island Wealth Management Inc. grew its holdings in PGIM S&P 500 Buffer 20 ETF – January by 93.5% during the 1st quarter. Long Island Wealth Management Inc. now owns 163,247 shares of the company’s stock valued at $4,967,000 after buying an additional 78,867 shares during the last quarter. Finally, Jim Saulnier & Associates LLC grew its holdings in PGIM S&P 500 Buffer 20 ETF – January by 117.8% during the 1st quarter. Jim Saulnier & Associates LLC now owns 90,157 shares of the company’s stock valued at $2,743,000 after buying an additional 48,756 shares during the last quarter.

PGIM S&P 500 Buffer 20 ETF – January Company Profile

(Get Free Report)

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.

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