JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Sees Large Growth in Short Interest

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIVGet Free Report) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 9,118 shares, a growth of 45.3% from the February 12th total of 6,277 shares. Based on an average daily volume of 1,090 shares, the days-to-cover ratio is currently 8.4 days. Approximately 5.4% of the shares of the stock are sold short. Approximately 5.4% of the shares of the stock are sold short. Based on an average daily volume of 1,090 shares, the days-to-cover ratio is currently 8.4 days.

JPMorgan Dividend Leaders ETF Trading Down 0.6%

Shares of JDIV opened at $53.09 on Friday. The business’s 50 day moving average is $55.28 and its 200 day moving average is $54.17. JPMorgan Dividend Leaders ETF has a 12-month low of $42.03 and a 12-month high of $56.79. The company has a market capitalization of $9.03 million, a PE ratio of 20.22 and a beta of 0.85.

Hedge Funds Weigh In On JPMorgan Dividend Leaders ETF

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. grew its holdings in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIVFree Report) by 1.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,336 shares of the company’s stock after buying an additional 264 shares during the period. Benjamin Edwards Inc. owned approximately 14.22% of JPMorgan Dividend Leaders ETF worth $1,147,000 as of its most recent filing with the Securities & Exchange Commission.

JPMorgan Dividend Leaders ETF Company Profile

(Get Free Report)

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.

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