PGIM Jennison Better Future ETF (BATS:PJBF) Sees Large Drop in Short Interest

PGIM Jennison Better Future ETF (BATS:PJBF) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 10 shares, a decline of 66.7% from the April 15th total of 30 shares. Based on an average daily volume of 41 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

PGIM Jennison Better Future ETF Price Performance

Shares of PJBF opened at $66.88 on Friday. The firm has a market cap of $17.39 million, a P/E ratio of 46.81 and a beta of 1.49. The stock has a 50 day simple moving average of $60.86 and a two-hundred day simple moving average of $61.89. PGIM Jennison Better Future ETF has a 1 year low of $53.63 and a 1 year high of $68.94.

Hedge Funds Weigh In On PGIM Jennison Better Future ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in PGIM Jennison Better Future ETF in the first quarter valued at about $405,000. Flow Traders U.S. LLC bought a new position in shares of PGIM Jennison Better Future ETF in the second quarter worth about $446,000. Finally, Bleakley Financial Group LLC bought a new position in shares of PGIM Jennison Better Future ETF in the fourth quarter worth about $954,000.

About PGIM Jennison Better Future ETF

The PGIM Jennison Better Future ETF (PJBF) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital growth by adopting a socially and environmentally conscious approach that integrates United Nations Sustainable Development Goals (UN SDGs) into the selection process. PJBF was launched on Dec 14, 2023 and is issued by PGIM.