JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Large Growth in Short Interest

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 443,477 shares, an increase of 235.2% from the November 30th total of 132,313 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 337,331 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 337,331 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC raised its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 7.6% in the 1st quarter. HighTower Advisors LLC now owns 4,039 shares of the company’s stock worth $257,000 after acquiring an additional 287 shares during the last quarter. MAI Capital Management increased its holdings in JPMorgan International Research Enhanced Equity ETF by 1,331.6% during the 1st quarter. MAI Capital Management now owns 816 shares of the company’s stock worth $52,000 after purchasing an additional 759 shares in the last quarter. Royal Bank of Canada raised its stake in shares of JPMorgan International Research Enhanced Equity ETF by 80.6% in the first quarter. Royal Bank of Canada now owns 248,306 shares of the company’s stock worth $15,820,000 after purchasing an additional 110,827 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the first quarter worth approximately $1,265,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 124.8% in the first quarter. Geneos Wealth Management Inc. now owns 25,352 shares of the company’s stock valued at $1,615,000 after purchasing an additional 14,072 shares in the last quarter.

JPMorgan International Research Enhanced Equity ETF Stock Up 0.1%

Shares of JIRE opened at $75.25 on Friday. The business’s fifty day moving average is $74.71 and its 200 day moving average is $72.73. JPMorgan International Research Enhanced Equity ETF has a 12-month low of $56.30 and a 12-month high of $76.77. The stock has a market cap of $9.13 billion, a P/E ratio of 16.04 and a beta of 0.82.

JPMorgan International Research Enhanced Equity ETF Company Profile

The JPMorgan International Research Enhanced Equity ETF (JIRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to stocks of any market capitalization from developed markets, excluding North America. JIRE was launched on Jun 10, 2022 and is managed by JPMorgan Chase.