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

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 51,388 shares, an increase of 40.7% from the February 12th total of 36,525 shares. Based on an average trading volume of 334,840 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 334,840 shares, the days-to-cover ratio is currently 0.2 days.

JPMorgan Equity Focus ETF Stock Down 0.6%

Shares of JPMorgan Equity Focus ETF stock traded down $0.46 during trading hours on Friday, reaching $73.08. 203,537 shares of the stock traded hands, compared to its average volume of 161,550. JPMorgan Equity Focus ETF has a one year low of $55.46 and a one year high of $76.49. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 26.67 and a beta of 1.00. The company has a 50 day moving average price of $75.19 and a 200 day moving average price of $74.66.

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 issued a dividend of $0.5228 per share. This represents a yield of 70.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JPEF. Qube Research & Technologies Ltd purchased a new stake in shares of JPMorgan Equity Focus ETF in the 3rd quarter worth $54,000. Godsey & Gibb Inc. purchased a new position in JPMorgan Equity Focus ETF during the fourth quarter valued at $58,000. Root Financial Partners LLC grew its holdings in JPMorgan Equity Focus ETF by 470.8% during the fourth quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock valued at $66,000 after purchasing an additional 725 shares during the period. International Assets Investment Management LLC bought a new stake in JPMorgan Equity Focus ETF during the fourth quarter valued at about $134,000. Finally, HBK Sorce Advisory LLC purchased a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth about $213,000.

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.