PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Sees Large Growth in Short Interest

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 17,263 shares, an increase of 186.2% from the August 31st total of 6,032 shares. Based on an average daily volume of 4,447 shares, the short-interest ratio is presently 3.9 days. Currently, 1.8% of the shares of the company are short sold.

Institutional Trading of PGIM Jennison International Opportunities ETF

An institutional investor recently raised its stake in PGIM Jennison International Opportunities ETF stock. Twin Peaks Wealth Advisors LLC grew its position in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) by 82.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. 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 2.63% of PGIM Jennison International Opportunities ETF worth $806,000 as of its most recent SEC filing.

PGIM Jennison International Opportunities ETF Stock Down 0.4%

Shares of PJIO traded down $0.23 during mid-day trading on Monday, hitting $62.61. 425 shares of the company’s stock were exchanged, compared to its average volume of 7,315. PGIM Jennison International Opportunities ETF has a 52 week low of $53.03 and a 52 week high of $70.89. The stock’s 50-day simple moving average is $62.76 and its 200-day simple moving average is $62.56. The firm has a market cap of $61.36 million, a price-to-earnings 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.