PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) Short Interest Up 77.7% in June

PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 30,431 shares, a growth of 77.7% from the June 15th total of 17,124 shares. Based on an average daily trading volume, of 15,154 shares, the days-to-cover ratio is presently 2.0 days. Currently, 2.9% of the company’s stock are sold short.

PGIM Jennison Focused Value ETF Trading Down 0.6%

NYSEARCA:PJFV opened at $98.61 on Friday. The firm has a market capitalization of $109.46 million, a price-to-earnings ratio of 18.36 and a beta of 0.84. PGIM Jennison Focused Value ETF has a 1-year low of $74.77 and a 1-year high of $99.66. The business’s fifty day moving average price is $96.02 and its 200 day moving average price is $89.83.

Hedge Funds Weigh In On PGIM Jennison Focused Value ETF

Large investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new stake in shares of PGIM Jennison Focused Value ETF during the first quarter worth approximately $37,000. Jane Street Group LLC lifted its position in PGIM Jennison Focused Value ETF by 49.7% in the 1st quarter. Jane Street Group LLC now owns 5,731 shares of the company’s stock worth $397,000 after buying an additional 1,902 shares in the last quarter. Foguth Wealth Management LLC. acquired a new stake in shares of PGIM Jennison Focused Value ETF during the 4th quarter valued at $15,688,000. Finally, Kozak & Associates Inc. purchased a new position in shares of PGIM Jennison Focused Value ETF during the 2nd quarter valued at $25,344,000.

PGIM Jennison Focused Value ETF Company Profile

The PGIM Jennison Focused Value ETF (PJFV) 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 value stocks that from all over the world. PJFV was launched on Dec 12, 2022 and is managed by PGIM.