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

PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,001 shares, an increase of 200,000.0% from the June 15th total of 1 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 3,453 shares, the days-to-cover ratio is presently 0.6 days.

PGIM Jennison Focused Mid-Cap ETF Stock Performance

Shares of PJFM stock traded up $0.33 during midday trading on Friday, hitting $68.27. 58 shares of the company were exchanged, compared to its average volume of 456. The firm’s 50 day moving average price is $67.49 and its two-hundred day moving average price is $65.19. PGIM Jennison Focused Mid-Cap ETF has a 52 week low of $58.27 and a 52 week high of $69.99. The firm has a market capitalization of $16.38 million, a P/E ratio of 19.76 and a beta of 0.88.

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

A hedge fund recently bought a new position in PGIM Jennison Focused Mid-Cap ETF stock. Kestra Advisory Services LLC bought a new position in PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,650 shares of the company’s stock, valued at approximately $102,000. Kestra Advisory Services LLC owned approximately 0.66% 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 Company Profile

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.