Short Interest in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Declines By 74.6%

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 1,750 shares, a drop of 74.6% from the February 12th total of 6,898 shares. Based on an average daily volume of 1,860 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,860 shares, the short-interest ratio is presently 0.9 days.

PGIM Jennison International Opportunities ETF Stock Down 1.2%

NYSEARCA:PJIO traded down $0.70 on Wednesday, hitting $58.78. The stock had a trading volume of 64,137 shares, compared to its average volume of 4,433. The company has a fifty day moving average price of $62.24 and a two-hundred day moving average price of $62.61. PGIM Jennison International Opportunities ETF has a 1-year low of $43.11 and a 1-year high of $66.59. The stock has a market cap of $28.80 million, a price-to-earnings ratio of 47.75 and a beta of 0.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PGIM Jennison International Opportunities ETF stock. Flow Traders U.S. LLC bought a new position in shares of PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,689 shares of the company’s stock, valued at approximately $236,000. Flow Traders U.S. LLC owned about 0.84% of PGIM Jennison International Opportunities ETF as of its most recent SEC filing.

PGIM Jennison International Opportunities ETF Company Profile

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.