Short Interest in JPMorgan International Value ETF (NASDAQ:JIVE) Declines By 94.0%

JPMorgan International Value ETF (NASDAQ:JIVE) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 62,722 shares, a drop of 94.0% from the April 30th total of 1,048,900 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 292,595 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of JPMorgan International Value ETF

A number of institutional investors and hedge funds have recently made changes to their positions in JIVE. Clarity Asset Management Inc. purchased a new stake in shares of JPMorgan International Value ETF in the fourth quarter valued at approximately $29,000. Wells Fargo & Company MN purchased a new stake in shares of JPMorgan International Value ETF in the fourth quarter valued at approximately $37,000. Advisory Services Network LLC purchased a new stake in shares of JPMorgan International Value ETF in the third quarter valued at approximately $39,000. Ancora Advisors LLC purchased a new stake in shares of JPMorgan International Value ETF in the third quarter valued at approximately $47,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan International Value ETF in the third quarter valued at approximately $48,000. 65.36% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan International Value ETF Stock Up 0.4%

Shares of JPMorgan International Value ETF stock traded up $0.39 on Friday, reaching $92.79. The company’s stock had a trading volume of 541,958 shares, compared to its average volume of 343,989. The company has a market capitalization of $2.36 billion, a P/E ratio of -843.55 and a beta of 0.46. JPMorgan International Value ETF has a 52-week low of $66.19 and a 52-week high of $93.44. The stock has a 50-day moving average price of $89.25 and a 200-day moving average price of $85.48.

About JPMorgan International Value ETF

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.