PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Sees Large Growth in Short Interest

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 17,263 shares, an increase of 186.2% from the August 31st total of 6,032 shares. Based on an average trading volume of 4,447 shares, the short-interest ratio is currently 3.9 days. Approximately 1.8% of the company’s stock are sold short.

PGIM Jennison International Opportunities ETF Price Performance

NYSEARCA:PJIO traded up $0.37 during mid-day trading on Friday, hitting $62.84. 2,379 shares of the company’s stock were exchanged, compared to its average volume of 7,353. PGIM Jennison International Opportunities ETF has a one year low of $53.03 and a one year high of $70.89. The business has a fifty day moving average price of $62.76 and a 200 day moving average price of $62.54. The company has a market cap of $61.58 million, a PE ratio of 47.75 and a beta of 1.08.

Hedge Funds Weigh In On PGIM Jennison International Opportunities ETF

An institutional investor recently raised its position in PGIM Jennison International Opportunities ETF stock. Twin Peaks Wealth Advisors LLC lifted its stake in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) by 82.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,886 shares of the company’s stock after purchasing an additional 5,828 shares during the quarter. Twin Peaks Wealth Advisors LLC owned about 2.63% of PGIM Jennison International Opportunities ETF worth $806,000 as of its most recent filing with the Securities & Exchange Commission.

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.