PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) Short Interest Down 67.0% in August

PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,637 shares, a drop of 67.0% from the July 30th total of 14,040 shares. Based on an average daily volume of 33,250 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the company’s shares are short sold.

PGIM Jennison Focused Value ETF Trading Down 0.1%

NYSEARCA:PJFV traded down $0.12 during trading hours on Friday, hitting $100.12. 4,903 shares of the stock traded hands, compared to its average volume of 11,409. The firm has a 50 day moving average price of $99.63 and a 200 day moving average price of $93.09. PGIM Jennison Focused Value ETF has a fifty-two week low of $76.70 and a fifty-two week high of $102.79. The firm has a market cap of $126.15 million, a price-to-earnings ratio of 18.36 and a beta of 0.83.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PJFV. Kozak & Associates Inc. acquired a new stake in PGIM Jennison Focused Value ETF during the 2nd quarter worth about $25,344,000. Foguth Wealth Management LLC. increased its holdings in shares of PGIM Jennison Focused Value ETF by 8.1% in the 1st quarter. Foguth Wealth Management LLC. now owns 202,897 shares of the company’s stock valued at $17,015,000 after purchasing an additional 15,262 shares during the period. Fifth Third Bancorp acquired a new position in shares of PGIM Jennison Focused Value ETF in the 1st quarter valued at about $37,000. Finally, Jane Street Group LLC lifted its position in shares of PGIM Jennison Focused Value ETF by 49.7% in the first quarter. Jane Street Group LLC now owns 5,731 shares of the company’s stock worth $397,000 after purchasing an additional 1,902 shares in the last quarter.

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.