PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Sees Significant Drop in Short Interest

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 680 shares, a decrease of 65.8% from the April 15th total of 1,986 shares. Based on an average daily trading volume, of 6,136 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

PGIM Jennison International Opportunities ETF Stock Down 4.0%

NYSEARCA PJIO traded down $2.55 during trading hours on Friday, hitting $61.37. The company’s stock had a trading volume of 2,933 shares, compared to its average volume of 4,083. The stock has a fifty day moving average of $59.34 and a 200 day moving average of $61.24. PGIM Jennison International Opportunities ETF has a twelve month low of $53.03 and a twelve month high of $66.59. The firm has a market capitalization of $27.62 million, a P/E ratio of 47.75 and a beta of 1.02.

Hedge Funds Weigh In On PGIM Jennison International Opportunities ETF

An institutional investor recently bought a new position in PGIM Jennison International Opportunities ETF stock. Flow Traders U.S. LLC bought a new stake in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,689 shares of the company’s stock, valued at approximately $236,000. Flow Traders U.S. LLC owned 0.84% of PGIM Jennison International Opportunities ETF at the end of the most recent quarter.

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.