PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) Short Interest Down 13.2% in January

PGIM Jennison International Opportunities ETF (NYSEARCA:PJIO) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 4,796 shares, a decrease of 13.2% from the January 15th total of 5,528 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 1,972 shares, the short-interest ratio is presently 2.4 days. Based on an average daily volume of 1,972 shares, the short-interest ratio is presently 2.4 days. Currently, 1.0% of the shares of the stock are sold short.

PGIM Jennison International Opportunities ETF Stock Performance

NYSEARCA PJIO traded up $0.48 during trading on Tuesday, reaching $62.34. 538 shares of the company traded hands, compared to its average volume of 2,971. PGIM Jennison International Opportunities ETF has a 1-year low of $43.11 and a 1-year high of $66.59. The company has a market cap of $30.55 million, a price-to-earnings ratio of 47.75 and a beta of 0.84. The stock’s 50 day moving average price is $62.28 and its two-hundred day moving average price is $62.57.

Institutional Inflows and Outflows

A hedge fund 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% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,886 shares of the company’s stock after purchasing an additional 5,828 shares during the period. Twin Peaks Wealth Advisors LLC owned about 2.63% of PGIM Jennison International Opportunities ETF worth $806,000 as of its most recent filing with the SEC.

About PGIM Jennison International Opportunities ETF

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.