JPMorgan International Value ETF (NASDAQ:JIVE) Sees Significant Decline in Short Interest

JPMorgan International Value ETF (NASDAQ:JIVE) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 53,848 shares, a decrease of 85.8% from the May 31st total of 379,538 shares. Based on an average daily volume of 324,871 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

JPMorgan International Value ETF Price Performance

JPMorgan International Value ETF stock traded down $0.40 during midday trading on Friday, reaching $91.65. The company’s stock had a trading volume of 495,229 shares, compared to its average volume of 343,517. The stock’s 50-day simple moving average is $91.74 and its 200-day simple moving average is $87.49. JPMorgan International Value ETF has a 52-week low of $68.78 and a 52-week high of $95.16. The stock has a market capitalization of $2.33 billion, a P/E ratio of -833.18 and a beta of 0.45.

Institutional Trading of JPMorgan International Value ETF

A number of institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in JPMorgan International Value ETF by 2,197.2% during the 1st quarter. Bank of America Corp DE now owns 1,165,983 shares of the software maker’s stock valued at $99,855,000 after purchasing an additional 1,115,227 shares in the last quarter. Lido Advisors LLC acquired a new stake in shares of JPMorgan International Value ETF during the fourth quarter worth $40,580,000. LPL Financial LLC lifted its stake in shares of JPMorgan International Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,724,611 shares of the software maker’s stock worth $138,449,000 after buying an additional 295,833 shares during the period. Cetera Investment Advisers grew its holdings in shares of JPMorgan International Value ETF by 116.2% during the first quarter. Cetera Investment Advisers now owns 510,101 shares of the software maker’s stock valued at $43,685,000 after buying an additional 274,160 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of JPMorgan International Value ETF by 160.3% during the second quarter. Raymond James Financial Inc. now owns 445,031 shares of the software maker’s stock valued at $30,840,000 after buying an additional 274,037 shares during the last quarter. 65.36% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan International Value ETF Company Profile

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.