Short Interest in PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) Drops By 46.9%

PGIM Jennison Focused Value ETF (NYSEARCA:PJFVGet Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 14,040 shares, a decline of 46.9% from the July 15th total of 26,424 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily volume of 18,019 shares, the days-to-cover ratio is presently 0.8 days.

PGIM Jennison Focused Value ETF Price Performance

PJFV traded up $0.06 on Friday, hitting $102.12. 3,126 shares of the stock were exchanged, compared to its average volume of 11,511. PGIM Jennison Focused Value ETF has a 12 month low of $76.13 and a 12 month high of $102.79. The business has a 50-day moving average of $98.69 and a two-hundred day moving average of $92.12. The firm has a market capitalization of $128.67 million, a price-to-earnings ratio of 18.36 and a beta of 0.83.

Hedge Funds Weigh In On PGIM Jennison Focused Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its position in shares of PGIM Jennison Focused Value ETF by 49.7% during the 1st quarter. Jane Street Group LLC now owns 5,731 shares of the company’s stock worth $397,000 after acquiring an additional 1,902 shares in the last quarter. Fifth Third Bancorp acquired a new position in PGIM Jennison Focused Value ETF during the first quarter valued at approximately $37,000. Foguth Wealth Management LLC. raised its position in PGIM Jennison Focused Value ETF by 8.1% during the first quarter. Foguth Wealth Management LLC. now owns 202,897 shares of the company’s stock valued at $17,015,000 after purchasing an additional 15,262 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new stake in PGIM Jennison Focused Value ETF during the second quarter worth $25,344,000.

About PGIM Jennison Focused Value ETF

(Get Free Report)

The PGIM Jennison Focused Value ETF (PJFV) 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 value stocks that from all over the world. PJFV was launched on Dec 12, 2022 and is managed by PGIM.

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