JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Significant Increase in Short Interest

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 36,525 shares, a growth of 479.9% from the January 29th total of 6,298 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 96,579 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 96,579 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of JPMorgan Equity Focus ETF

A number of hedge funds have recently made changes to their positions in the stock. Qube Research & Technologies Ltd bought a new position in JPMorgan Equity Focus ETF during the 3rd quarter valued at approximately $54,000. Godsey & Gibb Inc. bought a new position in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at $58,000. Root Financial Partners LLC raised its position in shares of JPMorgan Equity Focus ETF by 470.8% in the 4th quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock worth $66,000 after purchasing an additional 725 shares during the last quarter. International Assets Investment Management LLC bought a new position in JPMorgan Equity Focus ETF in the 4th quarter worth about $134,000. Finally, HBK Sorce Advisory LLC purchased a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at about $213,000.

JPMorgan Equity Focus ETF Stock Down 0.4%

Shares of NASDAQ:JPEF traded down $0.28 during midday trading on Friday, reaching $75.47. The company’s stock had a trading volume of 99,924 shares, compared to its average volume of 168,103. The firm has a 50 day moving average of $75.28 and a 200-day moving average of $74.48. The firm has a market capitalization of $1.59 billion, a P/E ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a 12-month low of $55.46 and a 12-month high of $76.49.

JPMorgan Equity Focus ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.5228 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 70.0%.

JPMorgan Equity Focus ETF Company Profile

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.