PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Shares Shorted: Short Interest Up 1,063.7% in October

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,246 shares, an increase of 1,063.7% from the September 30th total of 193 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,939 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On PGIM Jennison Focused Growth ETF

An institutional investor recently raised its stake in PGIM Jennison Focused Growth ETF stock. Kestra Advisory Services LLC grew its position in PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) by 1,051.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,901 shares of the company’s stock after acquiring an additional 2,649 shares during the period. Kestra Advisory Services LLC owned about 0.22% of PGIM Jennison Focused Growth ETF worth $282,000 at the end of the most recent quarter.

PGIM Jennison Focused Growth ETF Trading Up 0.8%

Shares of PGIM Jennison Focused Growth ETF stock traded up $0.96 during trading hours on Monday, hitting $117.14. 1,385 shares of the company were exchanged, compared to its average volume of 3,388. The business has a 50-day moving average of $119.11 and a 200-day moving average of $112.36. PGIM Jennison Focused Growth ETF has a 1 year low of $93.67 and a 1 year high of $124.65. The stock has a market capitalization of $141.74 million, a price-to-earnings ratio of 39.69 and a beta of 1.28.

PGIM Jennison Focused Growth ETF Company Profile

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.