Short Interest in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Increases By 98.5%

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,388 shares, a growth of 98.5% from the July 30th total of 1,707 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 8,754 shares, the days-to-cover ratio is presently 0.4 days.

PGIM Jennison International Opportunities ETF Trading Down 0.9%

Shares of PJIO stock traded down $0.59 during trading hours on Monday, hitting $63.04. 2,593 shares of the company were exchanged, compared to its average volume of 7,592. PGIM Jennison International Opportunities ETF has a 52 week low of $53.03 and a 52 week high of $70.89. The business has a 50 day moving average of $64.29 and a two-hundred day moving average of $62.54. The company has a market capitalization of $25.85 million, a PE ratio of 47.75 and a beta of 1.08.

Hedge Funds Weigh In On PGIM Jennison International Opportunities ETF

A hedge fund recently bought a new position in PGIM Jennison International Opportunities ETF stock. Flow Traders U.S. LLC purchased a new stake in PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,689 shares of the company’s stock, valued at approximately $236,000. Flow Traders U.S. LLC owned approximately 0.84% of PGIM Jennison International Opportunities ETF at the end of the most recent reporting period.

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.