Short Interest in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Grows By 78.0%

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,032 shares, an increase of 78.0% from the August 15th total of 3,388 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily volume of 61,132 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On PGIM Jennison International Opportunities ETF

An institutional investor recently raised its position in PGIM Jennison International Opportunities ETF stock. Twin Peaks Wealth Advisors LLC boosted its position in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) by 82.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,886 shares of the company’s stock after buying an additional 5,828 shares during the quarter. Twin Peaks Wealth Advisors LLC owned approximately 2.63% of PGIM Jennison International Opportunities ETF worth $806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

PGIM Jennison International Opportunities ETF Stock Performance

PJIO traded up $0.41 during trading on Wednesday, reaching $59.93. The stock had a trading volume of 5,427 shares, compared to its average volume of 7,400. The business has a 50-day moving average of $63.00 and a 200-day moving average of $62.47. PGIM Jennison International Opportunities ETF has a one year low of $53.03 and a one year high of $70.89. The stock has a market cap of $24.57 million, a PE ratio of 47.75 and a beta of 1.08.

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.