PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Short Interest Update

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,716 shares, an increase of 329.1% from the May 31st total of 633 shares. Based on an average trading volume of 1,402 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PGIM Jennison International Opportunities ETF stock. Flow Traders U.S. LLC acquired a new position in shares of PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,689 shares of the company’s stock, valued at approximately $236,000. Flow Traders U.S. LLC owned approximately 0.84% of PGIM Jennison International Opportunities ETF as of its most recent SEC filing.

PGIM Jennison International Opportunities ETF Stock Performance

Shares of NYSEARCA:PJIO traded down $1.99 during trading hours on Friday, hitting $67.00. The stock had a trading volume of 370 shares, compared to its average volume of 3,618. PGIM Jennison International Opportunities ETF has a 1-year low of $53.03 and a 1-year high of $70.89. The firm has a market capitalization of $30.15 million, a price-to-earnings ratio of 47.75 and a beta of 1.07. The stock’s fifty day simple moving average is $64.46 and its 200 day simple moving average is $62.04.

PGIM Jennison International Opportunities ETF Company Profile

The PGIM Jennison International Opportunities ETF (PJIO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides broad exposure to global ex-US stocks of any market capitalization. The fund seeks to invest in companies in the early growth stage. PJIO was launched on Dec 14, 2023 and is issued by PGIM.