PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Sees Significant Drop in Short Interest

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFGGet Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 1,384 shares, a drop of 58.4% from the August 15th total of 3,327 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,557 shares, the days-to-cover ratio is currently 0.9 days.

PGIM Jennison Focused Growth ETF Trading Down 0.8%

Shares of PJFG traded down $0.98 during trading hours on Tuesday, hitting $115.73. The company had a trading volume of 1,128 shares, compared to its average volume of 3,627. The company has a market capitalization of $137.72 million, a PE ratio of 39.69 and a beta of 1.29. PGIM Jennison Focused Growth ETF has a one year low of $93.67 and a one year high of $123.00. The company’s fifty day moving average price is $116.68 and its two-hundred day moving average price is $111.90.

Institutional Trading of PGIM Jennison Focused Growth ETF

A number of institutional investors have recently modified their holdings of the company. J.W. Cole Advisors Inc. raised its stake in shares of PGIM Jennison Focused Growth ETF by 81.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 9,139 shares of the company’s stock worth $1,016,000 after acquiring an additional 4,111 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in PGIM Jennison Focused Growth ETF by 1,051.2% in 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 in the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in PGIM Jennison Focused Growth ETF in the fourth quarter valued at approximately $36,000.

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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