PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Sees Large Decline in Short Interest

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 193 shares, a decline of 73.1% from the September 15th total of 718 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,057 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of PGIM Jennison Focused Growth ETF

An institutional investor recently bought a new position in PGIM Jennison Focused Growth ETF stock. Motiv8 Investments LLC bought a new position in shares of PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 321 shares of the company’s stock, valued at approximately $36,000.

PGIM Jennison Focused Growth ETF Price Performance

NYSEARCA:PJFG traded down $0.72 during trading hours on Monday, reaching $123.22. 3,011 shares of the company were exchanged, compared to its average volume of 3,464. The company has a market capitalization of $146.63 million, a P/E ratio of 39.69 and a beta of 1.28. PGIM Jennison Focused Growth ETF has a 1-year low of $93.67 and a 1-year high of $124.65. The business has a 50 day moving average of $119.08 and a 200 day moving average of $114.35.

PGIM Jennison Focused Growth ETF Company Profile

The PGIM Jennison Focused Growth ETF (PJFG) 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 growth stocks from all over the world. PJFG was launched on Dec 12, 2022 and is managed by PGIM.