PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Sees Large Growth in Short Interest

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 6,032 shares, an increase of 78.0% from the August 15th total of 3,388 shares. Based on an average daily trading volume, of 61,132 shares, the short-interest ratio is currently 0.1 days. Currently, 1.5% of the company’s stock are short sold.

PGIM Jennison International Opportunities ETF Stock Up 1.2%

PGIM Jennison International Opportunities ETF stock traded up $0.73 during mid-day trading on Thursday, reaching $60.66. 15,101 shares of the company’s stock were exchanged, compared to its average volume of 7,443. PGIM Jennison International Opportunities ETF has a twelve month low of $53.03 and a twelve month high of $70.89. The company has a market cap of $60.60 million, a P/E ratio of 47.75 and a beta of 1.08. The company has a fifty day moving average of $62.81 and a 200-day moving average of $62.44.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PGIM Jennison International Opportunities ETF stock. Twin Peaks Wealth Advisors LLC boosted its stake in shares of PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) by 82.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,886 shares of the company’s stock after purchasing an additional 5,828 shares during the quarter. Twin Peaks Wealth Advisors LLC owned approximately 2.63% of PGIM Jennison International Opportunities ETF worth $806,000 as of its most recent SEC filing.

About PGIM Jennison International Opportunities ETF

The PGIM Jennison International Opportunities ETF (PJIO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides broad exposure to global ex-US stocks of any market capitalization. The fund seeks to invest in companies in the early growth stage. PJIO was launched on Dec 14, 2023 and is issued by PGIM.