PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Short Interest Update

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 718 shares, a decline of 48.1% from the August 31st total of 1,384 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,823 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of PGIM Jennison Focused Growth ETF

A number of hedge funds have recently modified their holdings of the business. J.W. Cole Advisors Inc. boosted its stake in PGIM Jennison Focused Growth ETF by 81.8% during the fourth 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 increased its stake in shares of PGIM Jennison Focused Growth ETF by 1,051.2% during the first quarter. Kestra Advisory Services LLC now owns 2,901 shares of the company’s stock valued at $282,000 after purchasing an additional 2,649 shares in the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of PGIM Jennison Focused Growth ETF during the fourth quarter valued at approximately $36,000.

PGIM Jennison Focused Growth ETF Stock Performance

Shares of NYSEARCA PJFG traded up $0.04 during mid-day trading on Wednesday, hitting $120.85. 2,123 shares of the stock traded hands, compared to its average volume of 3,532. PGIM Jennison Focused Growth ETF has a 52 week low of $93.67 and a 52 week high of $123.00. The company has a market cap of $143.81 million, a price-to-earnings ratio of 39.69 and a beta of 1.29. The stock has a fifty day moving average price of $117.43 and a 200-day moving average price of $113.12.

PGIM Jennison Focused Growth ETF Company Profile

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.