JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 3,334 shares, a growth of 36.8% from the December 15th total of 2,437 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average daily volume of 877 shares, the days-to-cover ratio is currently 3.8 days. Based on an average daily volume of 877 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.0% of the shares of the stock are short sold.

JPMorgan Dividend Leaders ETF Stock Up 0.1%

Shares of JPMorgan Dividend Leaders ETF stock traded up $0.03 during trading on Friday, hitting $55.25. 159 shares of the company were exchanged, compared to its average volume of 451. JPMorgan Dividend Leaders ETF has a fifty-two week low of $42.03 and a fifty-two week high of $55.32. The firm has a 50 day moving average price of $53.96 and a 200 day moving average price of $53.32. The stock has a market capitalization of $9.39 million, a price-to-earnings ratio of 20.22 and a beta of 0.85.

JPMorgan Dividend Leaders ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, December 15th were issued a $0.2158 dividend. This is a positive change from JPMorgan Dividend Leaders ETF’s previous quarterly dividend of $0.17. The ex-dividend date was Monday, December 15th. This represents a $0.86 dividend on an annualized basis and a yield of 1.6%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. boosted its stake in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 1.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,336 shares of the company’s stock after purchasing an additional 264 shares during the quarter. Benjamin Edwards Inc. owned about 14.22% of JPMorgan Dividend Leaders ETF worth $1,147,000 as of its most recent filing with the SEC.

JPMorgan Dividend Leaders ETF Company Profile

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.