JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Up 11,633.3% in April

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 352 shares, an increase of 11,633.3% from the April 15th total of 3 shares. Based on an average daily trading volume, of 245 shares, the short-interest ratio is presently 1.4 days. Currently, 0.1% of the company’s shares are sold short.

JPMorgan Active Small Cap Value ETF Trading Down 0.3%

Shares of JPSV opened at $63.41 on Wednesday. JPMorgan Active Small Cap Value ETF has a 1 year low of $54.68 and a 1 year high of $64.14. The stock has a market cap of $25.36 million, a P/E ratio of 15.78 and a beta of 0.88. The stock’s 50-day moving average price is $60.87 and its two-hundred day moving average price is $59.95.

Hedge Funds Weigh In On JPMorgan Active Small Cap Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. boosted its holdings in JPMorgan Active Small Cap Value ETF by 7.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock worth $8,658,000 after buying an additional 10,007 shares during the last quarter. Opal Capital LLC bought a new position in JPMorgan Active Small Cap Value ETF during the fourth quarter worth about $359,000. Royal Bank of Canada boosted its holdings in JPMorgan Active Small Cap Value ETF by 7.3% during the first quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock worth $282,000 after buying an additional 345 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in JPMorgan Active Small Cap Value ETF by 8.7% during the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after buying an additional 325 shares during the last quarter.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.