PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) Short Interest Down 93.6% in May

PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 5 shares, a drop of 93.6% from the May 14th total of 78 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 12 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of PGIM Jennison Focused Mid-Cap ETF

A hedge fund recently bought a new stake in PGIM Jennison Focused Mid-Cap ETF stock. Citadel Advisors LLC purchased a new stake in shares of PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,185 shares of the company’s stock, valued at approximately $374,000. Citadel Advisors LLC owned approximately 2.47% of PGIM Jennison Focused Mid-Cap ETF at the end of the most recent quarter.

PGIM Jennison Focused Mid-Cap ETF Stock Up 0.8%

Shares of PJFM stock traded up $0.52 during mid-day trading on Tuesday, reaching $66.74. 2 shares of the stock traded hands, compared to its average volume of 119. The stock’s fifty day simple moving average is $65.64 and its two-hundred day simple moving average is $64.08. PGIM Jennison Focused Mid-Cap ETF has a 1-year low of $56.68 and a 1-year high of $68.43. The company has a market cap of $16.02 million, a price-to-earnings ratio of 19.76 and a beta of 0.88.

About PGIM Jennison Focused Mid-Cap ETF

The PGIM Jennison Focused Mid-Cap ETF (PJFM) is an exchange-traded fund that mostly invests in mid cap equity. The fund is active, investing primarily in global mid-cap companies. The fund aims for capital appreciation. PJFM was launched on Dec 14, 2023 and is issued by PGIM.