JPMorgan Flexible Income ETF (NYSEARCA:JFLI) Shares Shorted: Short Interest Down 68.3% in October

JPMorgan Flexible Income ETF (NYSEARCA:JFLI) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 2,530 shares, a drop of 68.3% from the October 15th total of 7,977 shares. Based on an average daily volume of 6,858 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are short sold.

JPMorgan Flexible Income ETF Price Performance

JPMorgan Flexible Income ETF stock traded down $0.17 during mid-day trading on Friday, hitting $51.45. The company’s stock had a trading volume of 5,950 shares, compared to its average volume of 6,363. The stock has a market cap of $48.87 million, a price-to-earnings ratio of 20.28 and a beta of 0.60. The business has a 50 day moving average price of $52.69 and a 200-day moving average price of $52.78. JPMorgan Flexible Income ETF has a 12 month low of $49.03 and a 12 month high of $54.99.

Institutional Investors Weigh In On JPMorgan Flexible Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. GK Wealth Management LLC bought a new stake in shares of JPMorgan Flexible Income ETF in the 3rd quarter valued at about $99,000. Integrated Wealth Concepts LLC increased its stake in JPMorgan Flexible Income ETF by 51.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 22,116 shares of the company’s stock worth $1,204,000 after purchasing an additional 7,479 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of JPMorgan Flexible Income ETF by 17.5% during the third quarter. Farther Finance Advisors LLC now owns 25,651 shares of the company’s stock valued at $1,360,000 after purchasing an additional 3,816 shares during the period. Citadel Advisors LLC boosted its stake in shares of JPMorgan Flexible Income ETF by 5.2% during the second quarter. Citadel Advisors LLC now owns 39,432 shares of the company’s stock valued at $2,146,000 after purchasing an additional 1,955 shares during the period. Finally, Assetmark Inc. bought a new position in shares of JPMorgan Flexible Income ETF in the first quarter worth approximately $4,255,000.

About JPMorgan Flexible Income ETF

The JPMorgan Flexible Income ETF (JFLI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to maximize income while maintaining prospects for capital appreciation. JFLI was launched on Feb 12, 2025 and is issued by JPMorgan Chase.