PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Sees Large Decrease in Short Interest

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 92 shares, a decrease of 95.9% from the October 15th total of 2,246 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,984 shares, the days-to-cover ratio is currently 0.0 days.

PGIM Jennison Focused Growth ETF Price Performance

Shares of NYSEARCA PJFG traded down $0.61 during mid-day trading on Tuesday, hitting $112.99. The company had a trading volume of 3,539 shares, compared to its average volume of 3,631. PGIM Jennison Focused Growth ETF has a 12 month low of $93.67 and a 12 month high of $124.65. The stock has a market cap of $133.33 million, a price-to-earnings ratio of 30.72 and a beta of 1.30. The firm’s 50 day simple moving average is $118.42 and its two-hundred day simple moving average is $112.59.

Institutional Investors Weigh In On PGIM Jennison Focused Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC boosted its holdings in shares of PGIM Jennison Focused Growth ETF by 1,051.2% during the first quarter. Kestra Advisory Services LLC now owns 2,901 shares of the company’s stock valued at $282,000 after acquiring an additional 2,649 shares during the period. Commonwealth Equity Services LLC bought a new position in shares of PGIM Jennison Focused Growth ETF during the third quarter worth about $399,000. M Holdings Securities Inc. bought a new position in shares of PGIM Jennison Focused Growth ETF during the third quarter worth about $460,000. Finally, HighTower Advisors LLC acquired a new stake in shares of PGIM Jennison Focused Growth ETF in the 3rd quarter worth about $660,000.

About PGIM Jennison Focused Growth ETF

(Get Free Report)

The PGIM Jennison Focused Growth ETF (PJFG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of growth stocks from all over the world. PJFG was launched on Dec 12, 2022 and is managed by PGIM.

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