JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Large Increase in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 67,700 shares, an increase of 2,977.3% from the March 31st total of 2,200 shares. Based on an average daily volume of 525,000 shares, the short-interest ratio is presently 0.1 days.

JPMorgan Global Select Equity ETF Trading Up 0.6 %

NASDAQ:JGLO opened at $56.26 on Friday. The stock has a market cap of $2.79 billion, a P/E ratio of 23.27 and a beta of 0.97. The stock’s 50-day moving average is $56.79 and its 200-day moving average is $52.77. JPMorgan Global Select Equity ETF has a 1-year low of $45.26 and a 1-year high of $59.20.

Institutional Trading of JPMorgan Global Select Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lockerman Financial Group Inc. acquired a new position in shares of JPMorgan Global Select Equity ETF in the first quarter worth approximately $623,000. Security Financial Services INC. acquired a new position in shares of JPMorgan Global Select Equity ETF in the first quarter worth approximately $392,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of JPMorgan Global Select Equity ETF in the first quarter worth approximately $1,680,000. SFG Wealth Management LLC. acquired a new position in shares of JPMorgan Global Select Equity ETF in the first quarter worth approximately $493,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in JPMorgan Global Select Equity ETF in the first quarter valued at approximately $11,913,000.

JPMorgan Global Select Equity ETF Company Profile

The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an active management that invests in stocks of any capitalization located in both developed and emerging markets.