PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) Short Interest Up 77.7% in June

PGIM Jennison Focused Value ETF (NYSEARCA:PJFVGet Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 30,431 shares, a growth of 77.7% from the June 15th total of 17,124 shares. Based on an average daily volume of 15,154 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.9% of the shares of the company are short sold.

PGIM Jennison Focused Value ETF Stock Performance

NYSEARCA PJFV opened at $99.16 on Friday. The firm has a market capitalization of $105.11 million, a PE ratio of 18.36 and a beta of 0.84. The company has a 50-day simple moving average of $95.91 and a 200-day simple moving average of $89.77. PGIM Jennison Focused Value ETF has a one year low of $74.77 and a one year high of $99.66.

Institutional Investors Weigh In On PGIM Jennison Focused Value ETF

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

PGIM Jennison Focused Value ETF Company Profile

(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.

Further Reading

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