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

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 4,494 shares, a decrease of 74.0% from the September 15th total of 17,263 shares. Based on an average daily volume of 4,580 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are sold short.

PGIM Jennison International Opportunities ETF Trading Down 0.7%

NYSEARCA PJIO traded down $0.46 during trading hours on Monday, hitting $62.38. 1,242 shares of the company’s stock were exchanged, compared to its average volume of 7,003. The stock has a 50-day simple moving average of $63.30 and a 200 day simple moving average of $63.02. PGIM Jennison International Opportunities ETF has a 1-year low of $53.03 and a 1-year high of $70.89. The firm has a market cap of $61.13 million, a price-to-earnings ratio of 47.75 and a beta of 1.08.

About PGIM Jennison International Opportunities ETF

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.