JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) Short Interest Update

JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 16,656 shares, an increase of 707.8% from the April 30th total of 2,062 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 36,303 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On JPMorgan Sustainable Municipal Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Allworth Financial LP grew its holdings in JPMorgan Sustainable Municipal Income ETF by 77.7% during the 4th quarter. Allworth Financial LP now owns 1,370 shares of the company’s stock valued at $69,000 after buying an additional 599 shares during the last quarter. Rossby Financial LCC acquired a new stake in JPMorgan Sustainable Municipal Income ETF during the 3rd quarter valued at $31,000. NewEdge Advisors LLC grew its holdings in JPMorgan Sustainable Municipal Income ETF by 4.4% during the 4th quarter. NewEdge Advisors LLC now owns 17,147 shares of the company’s stock valued at $864,000 after buying an additional 730 shares during the last quarter. CPC Advisors LLC grew its holdings in JPMorgan Sustainable Municipal Income ETF by 3.3% during the 1st quarter. CPC Advisors LLC now owns 32,411 shares of the company’s stock valued at $1,612,000 after buying an additional 1,030 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in JPMorgan Sustainable Municipal Income ETF during the 3rd quarter valued at $64,000.

JPMorgan Sustainable Municipal Income ETF Stock Performance

Shares of JMSI stock traded up $0.08 during trading hours on Friday, reaching $50.21. 15,922 shares of the company’s stock were exchanged, compared to its average volume of 31,056. The company’s 50 day moving average is $50.00 and its two-hundred day moving average is $50.38. JPMorgan Sustainable Municipal Income ETF has a 1 year low of $48.79 and a 1 year high of $51.35.

JPMorgan Sustainable Municipal Income ETF Company Profile

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.