PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) Sees Significant Decline in Short Interest

PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 279 shares, a decrease of 86.1% from the June 30th total of 2,001 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,040 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On PGIM Jennison Focused Mid-Cap ETF

A hedge fund recently bought a new stake in PGIM Jennison Focused Mid-Cap ETF stock. Citadel Advisors LLC bought a new stake in PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,185 shares of the company’s stock, valued at approximately $374,000. Citadel Advisors LLC owned about 2.47% of PGIM Jennison Focused Mid-Cap ETF at the end of the most recent reporting period.

PGIM Jennison Focused Mid-Cap ETF Price Performance

BATS:PJFM remained flat at $67.06 during trading hours on Monday. The company had a trading volume of 8 shares, compared to its average volume of 432. The company has a market cap of $16.09 million, a PE ratio of 19.76 and a beta of 0.88. PGIM Jennison Focused Mid-Cap ETF has a twelve month low of $58.27 and a twelve month high of $69.99. The business’s 50 day moving average is $67.51 and its two-hundred day moving average is $65.53.

About PGIM Jennison Focused Mid-Cap ETF

The PGIM Jennison Focused Mid-Cap ETF (PJFM) is an exchange-traded fund that mostly invests in mid cap equity. The fund is active, investing primarily in global mid-cap companies. The fund aims for capital appreciation. PJFM was launched on Dec 14, 2023 and is issued by PGIM.