JPMorgan Active Value ETF (NYSEARCA:JAVA) Sees Significant Increase in Short Interest

JPMorgan Active Value ETF (NYSEARCA:JAVA) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 225,651 shares, an increase of 226.8% from the August 15th total of 69,052 shares. Based on an average daily trading volume, of 376,627 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

JPMorgan Active Value ETF Trading Up 0.8%

JAVA stock traded up $0.66 during trading hours on Friday, hitting $82.22. 288,206 shares of the stock were exchanged, compared to its average volume of 430,135. JPMorgan Active Value ETF has a 12 month low of $67.14 and a 12 month high of $84.06. The firm has a market capitalization of $7.04 billion, a P/E ratio of -90.35 and a beta of 0.77. The company has a 50-day simple moving average of $81.93 and a two-hundred day simple moving average of $77.81.

Institutional Trading of JPMorgan Active Value ETF

A number of institutional investors have recently bought and sold shares of the business. Moneco Advisors LLC increased its holdings in shares of JPMorgan Active Value ETF by 1.6% during the fourth quarter. Moneco Advisors LLC now owns 9,300 shares of the company’s stock worth $667,000 after purchasing an additional 143 shares during the period. Cary Street Partners Financial LLC boosted its stake in shares of JPMorgan Active Value ETF by 13.3% in the second quarter. Cary Street Partners Financial LLC now owns 1,812 shares of the company’s stock valued at $119,000 after buying an additional 212 shares during the period. NewEdge Advisors LLC boosted its stake in shares of JPMorgan Active Value ETF by 1.7% in the first quarter. NewEdge Advisors LLC now owns 14,684 shares of the company’s stock valued at $933,000 after buying an additional 245 shares during the period. Luts & Greenleigh Group Inc. grew its position in JPMorgan Active Value ETF by 6.9% during the first quarter. Luts & Greenleigh Group Inc. now owns 3,871 shares of the company’s stock worth $278,000 after buying an additional 249 shares in the last quarter. Finally, Aegis Wealth Management Inc. grew its position in JPMorgan Active Value ETF by 9.0% during the first quarter. Aegis Wealth Management Inc. now owns 3,126 shares of the company’s stock worth $224,000 after buying an additional 259 shares in the last quarter. Institutional investors own 43.07% of the company’s stock.

About JPMorgan Active Value ETF

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.