PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) Stock Short Interest Declines 87.2%

PGIM Jennison Focused Value ETF (NYSEARCA:PJFV) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 5,279 shares, a drop of 87.2% from the October 15th total of 41,308 shares. Based on an average trading volume of 37,755 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the company’s shares are sold short.

PGIM Jennison Focused Value ETF Price Performance

Shares of NYSEARCA:PJFV traded down $0.32 during trading on Friday, reaching $101.52. 75,784 shares of the stock were exchanged, compared to its average volume of 17,657. PGIM Jennison Focused Value ETF has a 1-year low of $79.31 and a 1-year high of $103.17. The stock has a fifty day moving average of $100.70 and a two-hundred day moving average of $94.80. The firm has a market cap of $250.75 million, a price-to-earnings ratio of 21.26 and a beta of 0.82.

Institutional Trading of PGIM Jennison Focused Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PJFV. Kozak & Associates Inc. bought a new position in shares of PGIM Jennison Focused Value ETF in the second quarter valued at $25,344,000. Private Advisor Group LLC bought a new stake in shares of PGIM Jennison Focused Value ETF during the third quarter worth about $4,260,000. Foguth Wealth Management LLC. increased its position in shares of PGIM Jennison Focused Value ETF by 8.1% during the first quarter. Foguth Wealth Management LLC. now owns 202,897 shares of the company’s stock worth $17,015,000 after acquiring an additional 15,262 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of PGIM Jennison Focused Value ETF during the second quarter worth about $664,000. Finally, Fifth Third Bancorp acquired a new stake in shares of PGIM Jennison Focused Value ETF in the 1st quarter worth about $37,000.

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.