JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Significant Decline in Short Interest

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 100,365 shares, a decline of 77.4% from the December 15th total of 443,477 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,316,583 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,316,583 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of JIRE. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the first quarter worth about $1,265,000. Lowe Wealth Advisors LLC boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 197.1% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 3,226 shares of the company’s stock worth $228,000 after acquiring an additional 2,140 shares during the period. Richard P Slaughter Associates Inc boosted its holdings in JPMorgan International Research Enhanced Equity ETF by 15.9% in the 2nd quarter. Richard P Slaughter Associates Inc now owns 726,790 shares of the company’s stock worth $51,435,000 after acquiring an additional 99,725 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in JPMorgan International Research Enhanced Equity ETF by 22.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 20,823 shares of the company’s stock valued at $1,474,000 after acquiring an additional 3,857 shares in the last quarter. Finally, Bulwark Capital Corp purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the second quarter valued at approximately $51,000.

JPMorgan International Research Enhanced Equity ETF Price Performance

JIRE stock traded down $0.35 during midday trading on Tuesday, reaching $77.15. 212,472 shares of the company’s stock traded hands, compared to its average volume of 427,602. JPMorgan International Research Enhanced Equity ETF has a fifty-two week low of $56.30 and a fifty-two week high of $77.53. The business has a 50-day moving average price of $75.02 and a two-hundred day moving average price of $73.33. The company has a market capitalization of $9.99 billion, a P/E ratio of 16.04 and a beta of 0.82.

JPMorgan International Research Enhanced Equity ETF Company Profile

The JPMorgan International Research Enhanced Equity ETF (JIRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to stocks of any market capitalization from developed markets, excluding North America. JIRE was launched on Jun 10, 2022 and is managed by JPMorgan Chase.