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

by · The Markets Daily

PGIM Jennison Focused Value ETF (NYSEARCA:PJFV – Get Free Report) 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

(Get Free Report)

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.

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