PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) Sees Significant Decline in Short Interest

PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 1 shares, a decline of 80.0% from the May 31st total of 5 shares. Based on an average daily trading volume, of 5 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On PGIM Jennison Focused Mid-Cap ETF

A hedge fund recently bought a new stake in PGIM Jennison Focused Mid-Cap ETF stock. Citadel Advisors LLC bought a new stake in shares of PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,185 shares of the company’s stock, valued at approximately $374,000. Citadel Advisors LLC owned approximately 2.47% of PGIM Jennison Focused Mid-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

PGIM Jennison Focused Mid-Cap ETF Price Performance

BATS:PJFM opened at $68.71 on Friday. The firm’s 50-day moving average price is $67.14 and its 200-day moving average price is $64.80. The company has a market capitalization of $16.49 million, a PE ratio of 19.76 and a beta of 0.88. PGIM Jennison Focused Mid-Cap ETF has a 1-year low of $58.18 and a 1-year high of $69.68.

About PGIM Jennison Focused Mid-Cap ETF

The PGIM Jennison Focused Mid-Cap ETF (PJFM) is an exchange-traded fund that mostly invests in mid cap equity. The fund is active, investing primarily in global mid-cap companies. The fund aims for capital appreciation. PJFM was launched on Dec 14, 2023 and is issued by PGIM.