Short Interest in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Rises By 47.6%

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 19,181 shares, a growth of 47.6% from the July 30th total of 12,998 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 12,402 shares, the short-interest ratio is presently 1.5 days.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Performance

JPSE stock opened at $59.40 on Thursday. The firm has a market cap of $592.81 million, a PE ratio of 15.86 and a beta of 0.99. The firm’s 50 day moving average price is $59.88 and its 200-day moving average price is $57.21. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $47.44 and a one year high of $61.27.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Solutions Advisory Group Inc. acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 1st quarter valued at $7,701,000. LPL Financial LLC increased its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 900,097 shares of the company’s stock worth $45,071,000 after purchasing an additional 38,838 shares during the last quarter. Vantus Wealth LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth about $1,349,000. Advyzon Investment Management LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at about $1,346,000. Finally, Bank of America Corp DE raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock valued at $32,028,000 after buying an additional 25,608 shares during the period.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.